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Nottingham NG5

Nottingham NG5

AT A GLANCE

  • Net Prices from just £54,375!
  • 27.5% Discount
  • Rentals of £400 - £450 pcm
  • Yields of 9.31%
  • Ready now
  • No sales to investors so far
  • All 2 bed apartments have en suites
  • All Flooring and White Goods Included
  • Allocated Parking
  • Fresh Invest fee £2,500 + vat

In detail

Fresh Invest are delighted to offer just 5 x 2 bed and 1 x 1 bed apartments just outside Nottingham.

Originally for sale at between £90,000 - 95,000 the developer recently reduced his prices by 15%.

We then managed to obtain a further 27.5% discount off of that taking 1 bed prices down to just £54,375 and 2 beds down to £58,000.

Rightmove Assesment:

  • Rentals command between £350 and £625 dependent on size and type.
  • Properties promoted for sale at between £65k and £100k on apartments dependent on size and number of bedrooms.
  • No apartments were sold in 2008 only houses with prices ranging between £54k and £139k for terraced properties new build only.
  • We have corroborated the prices with Colleys who are happy to value between £80,000 and noting the area was very rentable at £550 per calendar month.
  • The development is by a regional developer and provides a high standard of finish throughout.

Location:

Near to the A611 Annesley Road and A60 Mansfield Road, convenient for the M1 and only a mile from Bulwell railway station, This development is perfect for commuting and Nottingham East Midlands Airport is only 14 miles away.

For more details please use the request information section.

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