NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3184
PRE AUCTION - 29% BMV
Market Value:
Starting Price:
Discount :
Rental Income:
Estimated Mortgage PCM:
Est Net Profit:
YIELD:
£75,000
£53,000
29%
£450
£174
£240
10%
Hotkey Invest are proud to present a pre auction on this 1 bedroom apartment in Nottingham
The property was valued in May 2022 at £75,000. This represents a 29% discount from the starting 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
29% Discount
FINANCIALS
(based on single family let)
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