This property has been taken off the market.
5 Bed Of Multiple Occupation House For Sale Leyton Avenue, Sutton-in-Ashfield, NG17
£250,000- Of Multiple Occupation
1 of 9
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Last Updated: 27th March 2024
Description
yieldit are pleased to bring to the market this lucrative investment opportunity with anticipated return of 8.77% NET. The semi-detached property has been converted into a luxurious HMO consisting of five spacious bedrooms which are fully furnished with double beds, drawers and wardrobes. Each bedroom is complete with its own ensuite shower room with heated towel rail. The property is finished to an impeccable standard throughout and has a high specification communal kitchen with complete with appliances and enclosed rear garden.\r
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The property is perfectly positioned in a popular area of Sutton-in-Ashfield, Nottinghamshire. Situated close to public transport links and the A38 and M1 it is the ideal accommodation for commuters with Nottingham city centre being just a 40-minute drive away. Kings Mill Hospital is within easy reach as are Nottinghamshire's well-regarded universities, which means this property is an attractive let for working professionals seeking high quality accommodation.\r
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There hasn’t ever been a better time to invest in property in Ashfield. Ashfield Innovation and Technology Park and an advanced distribution and manufacturing centre as part of £62.6 million Towns Fund cash secured from the Government in 2021 promise significant investment into education and skills and to boost the regional economy. The site will be a £100m-plus development and is anticipated to attract inward investment, create higher economic growth and opportunities for residents of Ashfield which will only contribute to the demand for rental properties in the area. Don't miss out and enquire early to avoid disappointment.
Financial Breakdown
Gross Rent: £31,500.00
Net income: £21,918.00
Gross yield: 12.6%
Net yield: 8.77%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07649
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The property is perfectly positioned in a popular area of Sutton-in-Ashfield, Nottinghamshire. Situated close to public transport links and the A38 and M1 it is the ideal accommodation for commuters with Nottingham city centre being just a 40-minute drive away. Kings Mill Hospital is within easy reach as are Nottinghamshire's well-regarded universities, which means this property is an attractive let for working professionals seeking high quality accommodation.\r
\r
There hasn’t ever been a better time to invest in property in Ashfield. Ashfield Innovation and Technology Park and an advanced distribution and manufacturing centre as part of £62.6 million Towns Fund cash secured from the Government in 2021 promise significant investment into education and skills and to boost the regional economy. The site will be a £100m-plus development and is anticipated to attract inward investment, create higher economic growth and opportunities for residents of Ashfield which will only contribute to the demand for rental properties in the area. Don't miss out and enquire early to avoid disappointment.
Financial Breakdown
Gross Rent: £31,500.00
Net income: £21,918.00
Gross yield: 12.6%
Net yield: 8.77%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07649
Agent Details
yieldit
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.