3 bed flat for sale

27 Watcombe Circus, Carrington NG5

Three Bedroom Duplex HMO Licenced Property!

Guide price : £215 000

Located in the sought after Carrington with easy access to local amenities and city centre, this architecturally attractive property provides spacious accommodation over two floors and an enclosed courtyard offering private outside space.

This property is being sold with freehold for the whole block of three flats and HMO license valid until 2027. Generating an average rental income of £1300-£1500pcm, this property provides a prospect of 7-8.4% yearly yield for potential landlord without taking into account of the benefit of having the freehold ownership of the whole block and the remaining HMO licence period.

It suits professionals who want to buy to occupy and investors alike.

Entering the property from the ground floor, on the left is the spacious living room with a beautiful fireplace, high ceiling and a bay window overlooking the front garden; on the right is another equally attractive and spacious room with a big window overlooking the courtyard garden, currently used as an office but can be used as master bedroom; a long corridor leads to the surprisingly spacious kitchen with dining space.

On the lower ground floor, there are further two spacious bedrooms, one double and the other king size. The recently refurbished bathroom is also on the lower ground floor.

This property has recently been refurbished with new flooring throughout, a new bathroom and recently decorated including fitted blinds.

Watcombe Circus is a quiet neighbourhood with wide roads providing abundant free parking spaces.

Carrington remains very popular for its proximity to the City Centre, its ease of access to public transport including bus and tram routes from nearby Mansfield and Hucknall Road as well as the Tram stops by “The Forest Recreation Ground”. The City Centre is approximately five minutes (or even less) away by vehicle and is walkable by the average person in under thirty minutes.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

B

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

£840.00

Service Charge Review Period

No review period

Lease End Date

31/12/2126

Disclaimer For Virtual Viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.