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£350,000

The Old Schoolhouse, Ilkeston Road, Nottingham, NG7

  • 4 beds
Flat
Under offer/SSTC

£350,000

  • 4 beds
Flat
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Estimate monthly mortgage payment:

£1,598 per month

Minimum deposit amount:

£17,500
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SUMMARY This property represents a unique investment opportunity, particularly attractive to those aiming to maximise returns through a title-split strategy. With no upward chain, the transaction promises to be quick and efficient. The property includes four spacious one-bedroom flats, each designed for comfort and convenience. Each flat features a sizable entrance hallway on the ground floor with plenty of storage, a large living room perfect for dining and relaxation, a well-equipped kitchen area, and a modern shower room.

Currently, these flats are tenanted and generate an income of £2,600.00 per month, ensuring immediate cash flow upon purchase completion. Tristram's offers ongoing property management services, providing a smooth transition and uninterrupted rental income.
Ideally located, the property is surrounded by various amenities and green spaces. It has excellent access to award-winning public transport.

The title-split strategy enables investors to maximise returns by converting the property into separate titles for each flat. This approach allows for individual sales, potentially increasing overall returns on investment. Title-splitting offers flexibility in managing the investment, whether through individual unit sales, refinancing, or adjusting rental strategies to meet market demands. This property, with its immediate rental income, seamless management options, and prime location, provides investors with a unique opportunity to add significant value and achieve substantial returns through strategic title-splitting. 

LIVING AREAS The large living areas in each flat is perfect for both dining and relaxation. With ample space and a comfortable layout, it is the ideal spot for entertaining guests or unwinding after a long day. 

KITCHEN AREAS Well-equipped and modern, the kitchen area in each flat is designed for convenience and efficiency. It features all the necessary amenities to make cooking a delightful experience. 

SHOWER ROOMS Each flat includes a contemporary shower room, offering a sleek and stylish space for daily routines. The modern fittings and fixtures ensure both comfort and functionality. 

OVERVIEW This property features four spacious one-bedroom flats, each thoughtfully designed for comfort and convenience. Currently tenanted, the flats generate a total income of £2,600.00 per month, providing immediate cash flow upon purchase completion. With no upward chain, the transaction process is quick and efficient. Additionally, Tristram's offers ongoing property management services, ensuring a smooth transition and continuous rental income. 

INVESTMENT OPPORTUNITY The title-split strategy allows investors to maximize returns by converting the property into separate titles for each flat. This approach facilitates individual sales, potentially increasing overall returns on investment. Title-splitting provides flexibility in managing the investment, whether through individual unit sales, refinancing, or adjusting rental strategies to meet market demands. This property, with its immediate rental income, seamless management options, and prime location, offers a unique opportunity for investors to add significant value and achieve substantial returns through strategic title-splitting. 

FREE PROPERTY VALUATION Why Choose Tristram's?

- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.

- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!

What We Offer:

- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.

- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.

- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!

Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality! 

DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you. 

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