REF_HKI3184

56a072e9-47e5-4b55-bc80-a78e44858aff.jpg

28% Below Market Value

NOTTINGHAM, NG20
1 BEDROOM FIRST FLOOR APARTMENT 
Hotkey Invest_HIGHRES_B&O_ALPHA.png

Market Value:

Purchase price:

Discount :

Tenanted:

Rental Income:

Estimated Mortgage PCM:

Est Net Profit:

YIELD:

£75,000

£54,000

28%

No

£450

£66

£348

10%

Hotkey Invest are proud to offer for sale this 1 bedroom first floor apartment 28% below market value in Mansfield, Nottingham.

The property was valued in May 2022 at £75,000. This represents a 28% discount from the purchase price.

This first floor apartment in Mansfield, Nottingham is
ideally located for an array of schools, walking distance to local amenities and excellent local transport links.

 

Briefly comprising: Entrance/Hallway, First Floor Landing, Lounge, Kitchen, one bedroom and the Family Bathroom. Externally to the rear there is a private Court Yard.

 

We believe the property could achieve £450pcm in rental income.
 

This single family let would make an ideal investment property at a 10% yield.

This is a leasehold property with 116 years left on the lease. 

Mansfield is a market town in Nottinghamshire, England, The main town in the District of Mansfield and Mansfield Urban Area. Mansfield gained the Royal Charter of a market town in 1227. The town lies in the Maun Valley, 12 Miles north of Nottingham, and is a near Sutton-in-Ashfield. Most of the 106,556 population live within the town proper, with Market Warsop as a secondary centre. It is the only local authority in Nottinghamshire directly to elect its mayor.

 

EPC Rating: D56

 

KEY FEATURES

 

1 Bedroom  

Leasehold

Fantastic transport links

City Links 

Vacant possession 

28% Discount 

5a05cff2-aa82-459f-80d4-4556f0c9e992.jpg
439bc21f-faaa-4144-bf6f-a111e294404e.jpg
c3d004f9-18d7-4ba2-b2da-26e1609e1d37.jpg
5ea622ed-8f1d-4f7a-92aa-52ac1d06adc9.jpg
439bc21f-faaa-4144-bf6f-a111e294404e.jpg
56a072e9-47e5-4b55-bc80-a78e44858aff.jpg

FINANCIALS

(based on single family let)

BMV.PNG

We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer

Thanks for submitting! We will be in touch shortly.

Hotkey Invest
An experienced and dynamic investment house
here to help you develop your
property investment strategy.
Hotkey Invest Contact Us
Hotkey Invest's Registered office,
44-46 High Street, Wem, Shrewsbury, SY4 5DG
DISCLAIMER
IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that:  1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor.  2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.  3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate.  Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property.  5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs.  6.  Floor plans are indicative only and should not be relied on.  7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on.  8.  All dimensions, floor areas and site areas are only approximate and should not be relied on.  Dimensions are generally maximum room dimensions.  9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice.  10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate.  11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.