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£122,000

Portland Square, Raleigh Street, NG7

  • 2 beds
Flat

£122,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£557 per month

Minimum deposit amount:

£6,100
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PROPERTY SUMMARY Located in a well-connected area of Nottingham, this two-bedroom ground floor flat offers a ready-to-let investment opportunity with strong rental appeal. The layout is practical and modern, featuring an open-plan reception and kitchen space designed for low-maintenance living. The property is fully prepared for immediate occupancy, reducing void periods and upfront costs.

This leasehold flat sits within a well-maintained building, with a monthly service charge of £183.30 covering communal upkeep-ideal for hands-off landlords seeking predictable management costs.

Positioned close to the town centre, the property benefits from strong tenant demand due to its proximity to retail, hospitality, and local employment hubs. Excellent transport links further enhance the location's appeal, attracting professionals and commuters alike.

With a projected rental income of £1,083.33 per calendar month, this flat offers a solid gross yield and steady long-term return. The modern finish, central location, and move-in ready condition make this a straightforward addition to any portfolio. 

LOCATION SUMMARY Portland Square is ideally located on Raleigh Street in the heart of Nottingham, placing it within walking distance of the city centre, Nottingham Trent University, and a range of local amenities. The area is highly sought after by professionals, students, and young renters due to its excellent connectivity and lifestyle convenience.

Residents benefit from nearby tram and bus links, offering quick access across the city and to Nottingham's main train station. The location is well-served by supermarkets, gyms, cafes, and restaurants, while the popular Arboretum Park and the cultural quarter of Hockley are also close by.

With strong demand for rental properties in the area and a consistent flow of tenants seeking city-centre living, Portland Square represents a solid opportunity for investors targeting reliable rental income and long-term capital growth. 

RECEPTION ROOM / KITCHEN A spacious, open-plan living and kitchen area that appeals to tenants looking for a modern, sociable layout. The space includes room for both lounge and dining setups, with a fully fitted kitchen that's easy to maintain-ideal for long-term letting. 

BEDROOM ONE A well-sized main bedroom offering strong tenant appeal, with space for a double bed and storage. Positioned for privacy, it ensures a quiet retreat away from the main living areas. 

BEDROOM TWO Flexible in use, the second bedroom suits sharers, small families, or work-from-home tenants. Its versatility helps broaden your rental market, whether targeting young professionals or small households. 

BATHROOM Modern and clean, the bathroom features durable fittings including a full bath with overhead shower-minimising maintenance needs while meeting tenant expectations for quality. 

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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