For Sale, 2 Bed House 

Burford Street, Arnold, Nottingham

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Features

  • Traditional mid terrace house
  • Two bedrooms & attic room
  • Accommodation over three storeys
  • Ideal investment opportunity
  • Previously let at £520 pcm (£6,240 per annum)
  • Walking distance to Arnold town centre
  • Excellent transport links
  • UPVC double glazed windows
  • On street parking
  • Freehold

Quick Details

2 Bedrooms1 Bathroom

Address

25 Burford StreetArnoldNottinghamNottinghamshireNG5 7DH
Details
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Property Details

•Traditional mid terrace property
•Ideal investment opportunity
•Previously let at £520 pcm (£6,240 per annum)
•Freehold

•Traditional mid terrace property
•Ideal investment opportunity
•Previously let at £520 pcm (£6,240 per annum)
•Freehold

This mid terrace property is located on Burford Street, conveniently situated within walking distance to Arnold town centre offering a variety of nearby amenities and shopping facilities. There are also a range of bus links available within the area, providing easy access in and around Nottingham.

The property includes spacious accommodation arranged over three storeys. To the ground floor there is a living room, large kitchen/diner and a small rear hallway leading to the family bathroom.

Stairs from the kitchen provide access to the first floor where there are two double bedrooms. In addition to the two bedrooms there is a spacious attic room on the second floor which has been used as a bedroom previously.

The property also benefits gas central heating and UPVC double-glazed windows. Externally, there is an enclosed yard with gated shared pedestrian access across the rear of the property. There is also on street parking available within the vicinity.

Accommodation

Kitchen 3.64m x 3.78m (max)
Lounge 3.67m x 3.43m (max)
Bathroom 2.70m x 1.69m (max)
Bedroom 3.69m x 3.37m (max)
Bedroom 3.69m x 3.67m (max)
Attic room 3.51 x 3.69

Services

We understand the property has mains gas, electricity, water and drainage. However, interested parties are advised to carry out their own investigations.

Investment Analysis

The property has previously been let at £520 pcm (£6,240 per annum), reflecting a gross yield of 5.2%, based on the asking price. In addition, there is good opportunity for capital growth within the area.

Council Tax

The property is rated in Council Tax Band A. Council tax payable for 2019/2020 is £1,305.

Buyer’s Premium

A Buyer’s Premium of 1% (min. £900) inc. VAT is payable on top of the purchase price. Please take in to account when offering on a property.

Tenure

Freehold

Asking Price

£120,000

Viewings

Viewings strictly by appointment only. Please contact a member of John Pye Property on 0115 970 6060 or email property@johnpye.co.uk to arrange an appointment.

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