Investment Opportunity | 2-Bed Terrace | No Upward Chain | Close to Town Centre
This two-bedroom mid-terrace property is offered to the market with no upward chain and represents an excellent investment opportunity or first time buy.
Situated within easy reach of the local town centre, the property benefits from strong rental demand due to its convenient location for shops, amenities, and transport links. The accommodation briefly comprises a lounge, fitted kitchen, two bedrooms, and a family bathroom.
In need of light maintenance, the property provides scope to add value through refurbishment, making it an ideal buy-to-let investment or resale project.
Externally, there is a low-maintenance courtyard with on-street parking available
Rental Forecast & Yield Analysis
Rental Market Overview:
Recent listings for two-bed terraces near town are achieving between £750–£800 pcm, especially when refurbished or modernised.
Estimated Rental Income & Gross Yield:
Assuming a sale price of offers over £100,000, let's explore two rental scenarios:
Monthly Rent Annual Rent Gross Yield (on £100k)
£650 £7,800 ~7.8%
£750 £9,000 ~9.0%
With even modest uplift from thoughtful refurbishment, achieving a rent of £750 pcm would yield approximately 9% gross—significantly above the national average and especially strong in this location.
Additionally, postcode-specific insights (NG18 2HR area) estimate a 7.1% yield reinforcing the area’s attractiveness to investors.
Lounge 12'5" x 10'9" (3.78m x 3.28m)
Having a door to the front elevation leading directly into the lounge, with window to the front elevation, coving to ceiling, cupboard housing the meters and a door leading to the inner hall.
Inner Hall
With stairs rising from the ground floor and door leading to the kitchen.
Kitchen 12'5" x 11'2" (3.78m x 3.4m)
Fitted with a range of wall and base level units with work surface over, sink unit with side drainer and mixer tap, tiled splashbacks, built in oven with hob and extractor over, space for fridge freezer, plumbing for washing machine, breakfast bar area, wall mounted boiler, radiator, window to the rear and door leading out to the rear courtyard.
Landing
With stairs rising from the ground floor accommodation, and doors leading to:-
Bedroom One 12'5" x 10'9" (3.78m x 3.28m)
Having a window to the front elevation, radiator and walk in storage cupboard.
Bedroom Two 8'1" x 5'1" (2.46m x 1.55m)
Having a window to the rear elevation, loft access and radiator.
Bathroom 8'6" x 8'1" (2.6m x 2.46m)
Fitted with a white three piece suite comprising of panelled bath, pedestal wash hand basin, low level flush WC, tiled splashbacks, extractor fan and radiator.
Outside
The property has on street parking to the front, side access and a courtyard to the rear with walled boundaries.
Dicalimer
These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase. The services, systems and appliances in the property have not been tested and no guarantee as to their operability or efficiency can be given.
Council Tax Band A
