2 bedroom apartment

The Ridge, 139 Foxhall Road, Nottingham, NG7 6NA

Size: sqm

Purchase price

£130,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £8,100
Ground rent £450
Service charge £1,800
Lettings fees £810
Net income £5,040
Gross yield 6.23%
Net yield 3.88%

TENANTED INVESTMENT OPPORTUNITY IN NOTTINGHAM! A 2-bedroom apartment with parking only a 30 minute walk away from Nottingham city centre.


This 2-bedroom apartment is located within a stunning Victorian period conversion and comprises of a bright and spacious living and dining room; a fitted kitchen with plenty of storage and countertop space; 2 generously sized double bedrooms with an en-suite for the master bedroom; and a family bathroom complete with 3-piece suite and a shower over the bath. This property is well presented throughout with lots of natural light and is offered unfurnished with a parking space. The location of this development means that it would be perfect for professionals working in either Nottingham or Derby, which is only a 30 minute drive away.

The Ridge is ideally located within a 30 minute walk or 10 minute drive away from Nottingham’s city centre. Nottingham boasts an abundance of high street and independent shops - placed around the city centre and within its 2 shopping centres, alongside award winning restaurants and bars. Nottingham also has plenty of cultural attractions including museums, theatres, art galleries, cinemas and even a ‘City of Caves’ and the legendary Nottingham Castle Museum and Gallery. Nottingham boasts fantastic transport links, with its train station enabling tenants to access all of the UK’s major cities with ease.

Nottingham is known as the economic capital of the East Midlands with an economy of £12bn and growing, featuring extensive tram routes and is the home to two world leading universities. Now is a fantastic time to invest in Nottingham as its house prices have seen a great increase of over 22% in the last five years alone (Zoopla – 2019) and a report from the latest edition of Private Finance’s buy-to-let hotspots has cited Nottingham as the top UK investment city, due to its high yields and high occupancy rates.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

Buy-to-let hotspot

Key features

30 minute walk to Nottingham city centre

Key features

30 minute drive to Derby

Key features

Excellent transport links

Key features

2-bedroom apartment

Key features

Fitted kitchen

Key features

En-suite

Key features

Allocated parking space

Key features

Secure entry system

TENANTED INVESTMENT OPPORTUNITY IN NOTTINGHAM! A 2-bedroom apartment with parking only a 30 minute walk away from Nottingham city centre. More info...

This 2-bedroom apartment is located within a stunning Victorian period conversion and comprises of a bright and spacious living and dining room; a fitted kitchen with plenty of storage and countertop space; 2 generously sized double bedrooms with an en-suite for the master bedroom; and a family bathroom complete with 3-piece suite and a shower over the bath. This property is well presented throughout with lots of natural light and is offered unfurnished with a parking space. The location of this development means that it would be perfect for professionals working in either Nottingham or Derby, which is only a 30 minute drive away.

The Ridge is ideally located within a 30 minute walk or 10 minute drive away from Nottingham’s city centre. Nottingham boasts an abundance of high street and independent shops - placed around the city centre and within its 2 shopping centres, alongside award winning restaurants and bars. Nottingham also has plenty of cultural attractions including museums, theatres, art galleries, cinemas and even a ‘City of Caves’ and the legendary Nottingham Castle Museum and Gallery. Nottingham boasts fantastic transport links, with its train station enabling tenants to access all of the UK’s major cities with ease.

Nottingham is known as the economic capital of the East Midlands with an economy of £12bn and growing, featuring extensive tram routes and is the home to two world leading universities. Now is a fantastic time to invest in Nottingham as its house prices have seen a great increase of over 22% in the last five years alone (Zoopla – 2019) and a report from the latest edition of Private Finance’s buy-to-let hotspots has cited Nottingham as the top UK investment city, due to its high yields and high occupancy rates.

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Buy-to-let hotspot
    Tick Desktop 30 minute walk to Nottingham city centre
    Tick Desktop 30 minute drive to Derby
    Tick Desktop Excellent transport links
    Tick Desktop 2-bedroom apartment
    Tick Desktop Fitted kitchen
    Tick Desktop En-suite
    Tick Desktop Allocated parking space
    Tick Desktop Secure entry system
  • LocationLocation

*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 £8,100
Ground rent £450
Service charge £1,800
Lettings fees £810
Net income £5,040
Gross yield 6.23%
Net yield 3.88%

*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.