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Colwick Road, Sneinton, Nottingham

PROPERTY TYPE

House

BEDROOMS

3

BATHROOMS

2

SIZE

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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

  • Period conversion investment property comprising two distinct apartments
  • Prime Sneinton location with high tenant demand and easy access to the city, universities, amenities and excellent transport links
  • No. 17 - Ground floor 1-bed apartment, living room, kitchenette, double bedroom and en-suite bathroom
  • No. 17A - Versatile duplex apartment, accessed via secure gated entrance and spread across two levels to offer excellent living space
  • Duplex lower level with fitted kitchen, bathroom and generous lounge for modern living
  • Duplex upper level with two well-proportioned double bedrooms (ideal for couples, sharers or students)
  • Strong income potential with attractive long term returns (current/projected rental income: £____ pcm; estimated gross yield: ____% / net yield: ____%)
  • Secure access - No.17A benefits from private gated entrance, enhanced safety and appeal to tenants
  • Value-add opportunity (ground floor apartment ready for improvement works to boost rental income and capital value)
  • Highly desirable and standout investment opportunity

Description

INVESTMENT OPPORTUNITY!

Superb Period Conversion | Two Apartments | Ideal for Investors

Attention investors! This is a rare opportunity to acquire this impressive period property, circa 1902, converted into two distinct apartments and ready to purchase now. Perfect for those looking to start or expand an investment portfolio and offering fantastic long-term potential in a highly popular and convenient Sneinton location, just a short walk or bus ride into Nottingham city centre with easy access to universities, shops and ample restaurants.

No.17 — Ground Floor Apartment (requires improvement)

A well-proportioned 1 bedroom ground floor apartment

• Spacious Living Room

• Kitchenette

• Double Bedroom

• En-suite Bathroom

N.17a — Duplex Apartment

Accessed via Sneinton Boulevard through a secure gated entrance, leading to steps up to the front door. This versatile duplex offers excellent living space across two levels:

• Lower Level — Fitted kitchen, contemporary bathroom and a generous lounge

• Upper Level — Two well-proportioned double bedrooms

FINANCIAL DETAILS

Estimated Gross Yield: 12.8% at £150,000 12.0% at £160,000 11.29% at £170,000 10.67%

Estimated Net Yield: %

Projected Rental Income: £1600 per calendar month £19,200 per calendar year


EPC Rating: D

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 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
GARDENA property has access to an outdoor space, which could be private or shared.
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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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Colwick Road, Sneinton, Nottingham

Approximate location

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Affordability

Monthly repayments£773
Property: £ 160,000
Deposit: £ 16,000
Interest rate: 4.99%
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.
Extension potential
Recently sold & under offer
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About David James Estate Agents, Carlton

376 Carlton Hill Carlton Nottingham NG4 1JA
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!

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Disclaimer - Property reference 46632048-1c21-4630-8df0-1aaea714210c. 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, Carlton. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.