2 bedroom apartment

Bourne Drive, Langley Mill, Nottingham NG16 4BJ

Size: sqm

Purchase price

£100,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,940
Service charge £348
Net income £5,592
Gross yield 5.94%
Net yield 5.59%

yieldit are pleased to present to the market this superb investment opportunity, being sold with a tenant in situ yielding over 5.5% NET. The duplex apartment is part of a well-maintained and purpose-built block consisting of; entrance hallway; living room; fully-fitted kitchen; two well-proportioned bedrooms; master with fitted wardrobes; modern bathroom with three-piece suite and an allocated parking space.

Bourne Drive is located in the popular residential location of Langley Mill, home to an array of amenities, shops, schools and excellent transport links with easy access to the M1, A38 and Langley Mill train station which is just a 5-minute walk from the property with regular services running between Nottingham, Leeds, Sheffield, Liverpool and London making ideal for those wishing to travel for work and pleasure. Langley Mill is perfectly situated on the Nottingham and Derbyshire border, with Nottingham being the junction between the East and West and North and South, with all UK regions within reach in two hours making it an ideal transport hub.

Nottingham is a fantastic city for property investment, with affordable house prices, good rental yields and strong capital growth, particularly in the postcode of NG16 where prices have increased by an impressive 9% within the last year which makes a 15% increase from 2019’s figures (Rightmove). It’s also the home of two globally renowned universities which provide a growing student and graduate population driving the demand for rental properties such as this one. In addition to this, the town centre is soon to be dramatically transformed with a £250million cash injection to create improved shopping, leisure, restaurant facilities in a vibrant new environment. Don’t miss out on this opportunity to invest in Nottingham and enquire today!

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! Fantastic two-bedroom duplex apartment with excellent transport links in Nottingham, don't miss out and enquire today.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

NET yield above 5.5%

Key features

Duplex apartment

Key features

Two bedrooms

Key features

Master with fitted wardrobes

Key features

Fully-fitted kitchen

Key features

Allocated parking space

Key features

Close to the train station

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! Fantastic two-bedroom duplex apartment with excellent transport links in Nottingham, don't miss out and enquire today. More info...

yieldit are pleased to present to the market this superb investment opportunity, being sold with a tenant in situ yielding over 5.5% NET. The duplex apartment is part of a well-maintained and purpose-built block consisting of; entrance hallway; living room; fully-fitted kitchen; two well-proportioned bedrooms; master with fitted wardrobes; modern bathroom with three-piece suite and an allocated parking space.

Bourne Drive is located in the popular residential location of Langley Mill, home to an array of amenities, shops, schools and excellent transport links with easy access to the M1, A38 and Langley Mill train station which is just a 5-minute walk from the property with regular services running between Nottingham, Leeds, Sheffield, Liverpool and London making ideal for those wishing to travel for work and pleasure. Langley Mill is perfectly situated on the Nottingham and Derbyshire border, with Nottingham being the junction between the East and West and North and South, with all UK regions within reach in two hours making it an ideal transport hub.

Nottingham is a fantastic city for property investment, with affordable house prices, good rental yields and strong capital growth, particularly in the postcode of NG16 where prices have increased by an impressive 9% within the last year which makes a 15% increase from 2019’s figures (Rightmove). It’s also the home of two globally renowned universities which provide a growing student and graduate population driving the demand for rental properties such as this one. In addition to this, the town centre is soon to be dramatically transformed with a £250million cash injection to create improved shopping, leisure, restaurant facilities in a vibrant new environment. Don’t miss out on this opportunity to invest in Nottingham and enquire today!

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop NET yield above 5.5%
    Tick Desktop Duplex apartment
    Tick Desktop Two bedrooms
    Tick Desktop Master with fitted wardrobes
    Tick Desktop Fully-fitted kitchen
    Tick Desktop Allocated parking space
    Tick Desktop Close to the train station
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,940
Service charge £348
Net income £5,592
Gross yield 5.94%
Net yield 5.59%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.