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Leyton Avenue, Sutton-in-Ashfield NG17 3BD

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

5

BATHROOMS

5

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Unmissable investment opportunity
  • High quality newly renovated HMO
  • Fully furnished
  • Five ensuite bedrooms
  • Luxurious finish throughout
  • Stylish and modern kitchen
  • Enclosed rear garden
  • Experienced agent in place
  • Generate a high return from completion
  • Enquire today to avoid disappointment

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.

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.

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: £31,440.00
Net income: £21,864.00
Gross yield: 13.1%
Net yield: 9.11%
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

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Leyton Avenue, Sutton-in-Ashfield NG17 3BD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sutton Parkway Station1.5 miles
  • Mansfield Station2.3 miles
  • Kirkby in Ashfield Station2.4 miles
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-07649. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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