Offers over
£160,000
3 bed property for saleColwick Road, Sneinton, Nottingham NG2
3 beds
2 baths
2 receptions
EPC Rating: D
About this property
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
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)
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