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19 Bramley Road, Long Eaton, Nottingham, NG10 3SX |
Very well presented one bedroom top floor apartment. A stones throw away from Long Eaton train station and within 5 minutes of the M1. This is a great location for commuting to Nottingham, Derby and Leicester and is therefore very popular with professionals.
We have rented this apartment out for 16 months and the same tenant has lived there since the beginning. It comfortably rents out for £425pcm. I know that the vendor is motivated to sell and is very open to reasonable offers.
Pay the right price and you should expect a gross yield of atleast 6%.
The lease is 125 years from 1 Jan 2006, ground rent is 250pa, and management charge is around 800pa.
A sound investment for someone with a small amount of capital to invest.
We have contact with the vendor, please let me know if you wish to submit an offer.