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Property Details
Montrose Court, Stapleford, Nottingham, NG9 8LJ
£155,000
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  • 11% ROI
  • INVESTMENT OPPORTUNITY
  • DINING AREA
  • OFFICE
  • TENANTS IN SITU
Details

Current Gross Income = £1375 pcm £16500 per annum


Great Investment Opportunity!


The property has just gone through the cosmetic decoration. Fully furnished with white goods. On street car parking, a shed.


Location

The property is situated:

•1.4 mile from the town centre
•Close to the A52
•6 miles to Nottingham and 12 miles to Derby
•12 miles to the East Midlands Airport


Rental

The rooms are currently let on average £85.93 p/w to working professionals only.

The property is currently occupied as follow:
•Room 1: New contract from 24/12/2018 for one year plus paying £71.25p/w= £285 pcm
•Room 2: Occupied from 24/02/2016 for 1 year plus paying £93.75 p/w =£375 pcm
•Room 3: Occupied from 27/01/2018 paying £88.75 p/w = £355 pcm He is areturn tenant, who stayed for one year previously and got back.
•Room 4: Occupied since 19/08/2018 for one year plus paying £90 p/w =£360 pcm


There is a constant demand of quality rooms from professionals due to the proximity to the local businesses in Stapleford, Nottingham, Beeston.