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5 bedroom detached house for sale

Melton Road, West Bridgford

Sold by Us £550,000

Property Description

Key features

  • Rare, Freehold Opportunity
  • 5x Individual Apartments
  • All Currently Tenanted
  • £33,120 PA Net Rent
  • Over 6% Yield
  • Off Road Parking
  • Excellent Investment

Full description

Tenure: Freehold

The building comprises of 5x self contained one bedroom apartments, two located on the ground floor, two on the first floor and a fifth on the second floor. The communal areas have been recently redecorated and offer a wealth of original features.

Flat 1 - Located on the ground floor, open plan living/kitchen, bedroom & bathroom.

Flat 2 - Located on the ground floor, recently renovated, lounge, separate kitchen, bedroom and en-suite bathroom.

Flat 3 - Located on the first floor, recently renovated, open plan living/kitchen, bedroom & bathroom.

Flat 4 - Located on the first floor, lounge, separate good sized kitchen, bedroom and en-suite bathroom.

Flat 5 - Located on the second floor, lounge, spacious separate kitchen, bedroom and bathroom.

Externally there is off road parking for several vehicles and a communal garden.

The building generates an annual net income of £33,120 which has a yield over 6%. The sale is to include the freehold title to the property too.  

Listing History

Added on Rightmove:
17 November 2016

Map & Street View

Disclaimer - Property reference 100658006567. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Nottingham - Lettings & Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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