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Roden Street, Sneinton, NG3

Key features

  • One Bedroom Apartment
  • Approximate Gross Yield of 7%–8%
  • Tenant In Situ
  • Ideal Investment or First-Time Purchase
  • Secure Allocated Parking Space
  • Intercom Entry System
  • Strong Rental Demand Area
  • Popular & Convenient Location

Description

GUIDE PRICE £120,000 - £135,000

FANTASTIC INVESTMENT OPPORTUNITY | IDEAL FIRST-TIME PURCHASE | SECURE PARKING

Key Features

  • One Bedroom Apartment
  • Ideal Investment or First-Time Purchase
  • Tenant In Situ
  • Approximate Gross Yield of 7%–8%
  • Secure Allocated Parking Space
  • Intercom Entry System
  • Popular & Convenient Location
  • Strong Rental Demand Area
  • Excellent Addition to Any Portfolio
  • Easy Access to Nottingham City Centre & Transport Links

Northwood are delighted to present this excellent one-bedroom apartment located within the popular William Bancroft Building, offering an ideal opportunity for buy-to-let investors, portfolio landlords and first-time buyers alike.

Positioned within a secure development with intercom entry access and secure allocated parking, this well-located apartment benefits from strong ongoing rental demand whilst also offering low-maintenance and convenient living for owner occupiers.

Currently achieving approximately £800 PCM, the property offers an attractive gross yield in the region of 7%–8%, making it a ready-made investment opportunity for landlords looking to expand their portfolio.

This well-presented apartment offers modern, low-maintenance living and excellent investment potential, appealing to both owner occupiers and investors alike.

Internally, the property comprises an entrance hallway, spacious open-plan living accommodation, fitted kitchen, double bedroom and bathroom. The apartment also benefits from secure intercom access and an allocated parking space within the secure residents’ car park.

Investment Information

Current Rental Income: Approx. £800 PCM

Annual Rental Income: Approx. £9,600 Per Annum Estimated Gross Yield: Approx. 7%–8% Tenant In Situ Buyer Profile

This property is ideally suited towards:

Buy-to-let investors seeking immediate income Portfolio landlords looking to expand First-time investors entering the property market First-time buyers looking for a low-maintenance home in a convenient location Location

The William Bancroft Building is conveniently positioned for access to local amenities, transport links and Nottingham City Centre, making it a consistently popular location for tenants, professionals and first-time buyers alike.

Properties of this nature, particularly with secure parking and strong rental returns, continue to generate excellent levels of interest.

Contact Northwood today for further information or to arrange a viewing.

Lease Hold & Ground Rent TBC

EPC rating: C. Tenure: Freehold,
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.
Off street,Private
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ground floor

Energy performance certificate - ask agent

Roden Street, Sneinton, NG3

Approximate location

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Affordability

Monthly repayments£602
Property: £ 120,000
Deposit: £ 12,000
Interest rate: 5.33%
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.
Recently sold & under offer
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About Northwood, Nottingham

568 Mansfield Road, Nottingham, NG5 2FS

Looking at Selling your home? With our prominent location and prestigious office, our National network of branches, the quality of our property details and our internet advertising we are well placed to offer sellers a truly comprehensive service. Call us now for a free and without obligation market appraisal of your home.

The Beginning

Northwood was founded in 1995 in Portsmouth, we operate a high calibre lettings, estate agency and financial services business. The Company boasts an ever-growing network of offices and this rapid growth is due to the high level of service offered to customers and the extremely professional way in which the company operates.

Our Policy

Here at Northwood we realise that our business is about people, not property, we recognise that selling, renting or arranging a mortgage to buy a property can often be difficult, sometimes even traumatic.

With our experience and network of offices, we have learnt the property business inside out so that we are well placed to make the entire process as simple and efficient as possible for everyone concerned.

The Northwood Team

It is our policy to recruit high calibre people who have good knowledge of the local market. This coupled with the extensive training program available to all Northwood employees ensures that the standard of professionalism and service is constant throughout the entire Northwood network.

Other Services

At Northwood our services include Sales, Lettings and Mortgages. On the Lettings side, our Platinum Scheme offers landlords a guaranteed rental income, regardless of whether the property is vacant or the tenant stops paying the rent. With over 25 years experience in traditional property letting our Nottingham team will be happy to help, whether you are looking to let a property in the area or looking to rent, you can be assured of our utmost attention at all times.

As an estate and letting agent, based in Nottingham, our office covers all of the following area's and more - Nottingham & surrounding areas.

Notes

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Disclaimer - Property reference P2094. 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 Northwood, Nottingham. 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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