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2 bedrooms house for sale in Nottingham, United Kingdom

£230 000

Bamburgh Close‚ Nottingham‚ NG17

Features

  • Detached bungalow
  • Two bedrooms
  • Well presented
  • Conservatory
  • Enclosed rear garden
  • Cul-de-sac location
  • Driveway and garage
  • No upward chain

Property description

This 2-bedroom detached bungalow in Nottingham's Bamburgh Close offers a comfortable yet spacious living space for a potential buyer. Priced at a guide price of £230,000 to £240,000, it is within the reach of many potential buyers, especially considering the recent changes in the Help-to-Buy scheme. The property is well-maintained, and the seller mentioned that it has been renewed in the last five years. From a real estate investment perspective, this property seems like a good opportunity for anyone looking to generate a passive income through rental properties. Nottingham is a thriving city with a growing population, a vibrant economy, and various attractions. This could attract potential tenants, enabling the investor to achieve a good return on investment. Estimating the rental yield would depend on factors like location, property condition, and local market trends, but a conservative estimate would be around 4-5% annually. As a lifestyle purchase, this property provides an ideal setting for anyone seeking a peaceful living environment. The well-maintained garden and cupped driveway offer a serene outdoor space that is perfect for relaxation. Nottingham also offers a range of amenities and attractions, such as shops, restaurants, and parks, ensuring that residents have a good quality of life. Plus, the proximity to good schools makes it an attractive option for families. In conclusion, this property seems like a good investment opportunity and an excellent choice for those looking for a peaceful lifestyle in Nottingham.

Location

Date added: 24.07.2024

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