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Victoria Road, Sherwood, Nottingham

PROPERTY TYPE

Semi-Detached

BEDROOMS

3

BATHROOMS

2

SIZE

1,413 sq ft

131 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • PERFECT INVESTMENT OPPORTUNITY
  • Rental income for both flats approx £1500-£1590 PCM and projected income £18,000-£19,080 PA (gross yield of 6.67 % to 7.07%)
  • Versatile freehold property arranged as two self-contained flats
  • Convenient location near shops, cafes and restaurants
  • Travel and bus routes close by with easy links into the City Centre
  • Offered with tenants in-situ and ideal for landlords seeking income
  • Spacious one bedroom ground-floor flat
  • Good-sized two-storey first-floor flat with two bedrooms
  • Low-maintenance communal rear garden with patio
  • Double-width driveway with potential for off-street parking

Description

An excellent investment opportunity to acquire two self-contained flats within one freehold property, offered to the market with tenants currently in-situ and with no upward chain. Sold as a single investment, this versatile property provides an immediate income stream and represents an attractive addition to a growing portfolio. Positioned in a convenient and well-connected location, the property sits close to Sherwood’s vibrant amenities including shops, cafes, restaurants and regular bus services providing straightforward access to the City Centre and surrounding areas. This accessibility ensures strong ongoing tenant appeal.

The property forms a three-storey semi-detached house which has been arranged into two individual flats: one ground floor and the other two storey first-floor.

Flat 1 – Ground Floor

The ground floor flat is accessed via the rear of the property where an entrance hallway provides an organised introduction to the accommodation. From here there is access to a modern two-piece bathroom suite with electric shower over the bath and a separate WC. The delightful breakfast kitchen is equipped with a range of base and wall units with an integrated oven and hob. There is space for freestanding appliances while a charming side bay window adds natural light. An internal hallway leads through to the bright front-facing lounge, offering a generous living area ideal for relaxing. To the rear sits the bedroom overlookingthe communal garden, enhanced by a partial bay window that adds character to the room. Additional practical space is provided by two useful cellar rooms, ideal for storage.

Flat 2 – Second Floor (Two-storey)

The second flat is arranged across two upper floors and is presented in neutral decorative tones, creating a light and welcoming interior. An entrance hallway accessed via the front aspect of the ground floor provides space for coats and shoes and leads to the first-floor accommodation. At the front of the property is a bright and spacious lounge where a large window allows an abundance of natural light to fill the room. The dining kitchen offers ample space for freestanding appliances, table and chairs and provides a practical area for cooking and informal dining. Also on this level is a well-proportioned single bedroom to the front aspect alongside a modern white two-piece bathroom suite, which benefits from a useful storage cupboard, and a separate WC. Stairs rise to the second floor where the large main double bedroom creates an impressive principal sleeping space with excellent proportions.

Outside

To the rear of the property lies a good-sized communal garden designed for low maintenance. The space provides a pleasant outdoor area for residents and offers potential for off-street parking (subject to the necessary permissions).

This property presents a rare chance to secure two income-producing flats within a single freehold title in a well-placed location with strong rental appeal, making it an appealing proposition for investors seeking an immediate and straightforward addition to their portfolio.

The estimated rental income for both apartments is in the region of £1500 and £1590 per calendar month, equating to £18,000 to £19,080 per annum. This represents a gross yield of approximately 6.67 % to 7.07%.

Please be aware that this listing contains digitally furnished images for demonstration purposes only.


EPC Rating: D

Flat 1 - Lounge

3.76m x 4.55m

Flat 1 - Breakfast Kitchen

3.3m x 3.49m

Flat 1 - Bedroom

3.33m x 4.51m

Flat 1 - Bathroom

1.61m x 1.75m

Flat 1 - Cellar

2.46m x 4.57m

Flat 2 - Lounge

3.75m x 4.5m

Flat 2 - Dining/Kitchen

3.26m x 3.78m

Flat 2 - Bedroom One

6.11m x 3.31m

Flat 2 - Bedroom Two

2.24m x 2.35m

Flat 2 - Bathroom

2.1m x 1.83m

Parking - Driveway

Parking - On street

Disclaimer

These particulars are produced in good faith and are set out as a general guide only. Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.

David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party company. David James Estate Agents receives the following commission from each third party supplier on a per referral basis:

All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average)
MoveWithUs Limited: £188 including VAT (average)

Brochures

Property InsightsProperty Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street,Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Victoria Road, Sherwood, Nottingham

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About David James Estate Agents, Mapperley

45b Plains Road Mapperley Nottingham NG3 5JU
Industry affiliations:

We’re a leading, family-run independent estate, letting and property management agent in Nottinghamshire. With 35 years in business and over 500 years of combined experience, we’ve helped thousands move with confidence!

Affordability

Monthly repayments£1,232
Property: £ 270,000
Deposit: £ 27,000
Interest rate: 4.5%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference e747e282-fa19-490f-b0fe-74e326205e1e. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 David James Estate Agents, Mapperley. 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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