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    Fletcher Road, Beeston, Nottingham

    £420,000Freehold

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    Mortgage

    Estimated Monthly Mortgage Payment:
    £1,995 /mo.25 Years, 4% Interest
    Loan
    £378,000
    Total Repay
    £598,567

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £11,000
    0% up to £125,000
    2% from £125,000 to £250,000
    5% from £250,000 to £420,000
    Your effective stamp duty rate is 2.62%

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    Fletcher Road, Beeston, Nottingham

    £420,000

    Bungalow
    5 Bedrooms5 Bathrooms1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:Not available
    Broadband:up to 1000Mbps

    Key Features

    A Well-Presented and Spacious HMO detached Bungalow
    Open Plan Kitchen Lounge Diner
    Five Double Bedrooms all with En-Suites
    Driveway for Off-Road Parking
    Private and Enclosed Rear Garden
    Well Placed for Local Amenities, Transport Links, The University of Nottingham and Queens Medical Centre
    Tenants In-Situ until September 2026
    Fantastic Investment Opportunity
    Average Monthly Income £3600.
    A Great Opportunity not to be Missed

    Description

    A spacious five-double bedroom detached bungalow currently being used as a HMO, enjoying a generous plot with the benefit of off-road parking, a garage, a large open plan kitchen living diner, and five en-suite bedrooms. The property is conveniently placed for easy access to a range of local shops and amenities including Beeston town centre, The University of Nottingham, Queens Medical Centre, and excellent transport links. Being sold with tenants in-situ until September 2026, this fantastic property is considered an ideal opportunity for a investors, with a current rental income of £3600 per calendar month.

    Located in central Beeston, this impressive bungalow presents a remarkable opportunity for investors seeking a lucrative property. With five well-appointed bedrooms and five bathrooms, this residence is perfectly suited for a House in Multiple Occupation (HMO), making it an ideal choice for those looking to capitalise on the rental market.

    The spacious reception room offers a welcoming atmosphere, perfect for both relaxation and social gatherings. Each bedroom is designed to provide comfort and privacy, ensuring that tenants can enjoy their own space while benefiting from the communal living experience that an HMO provides. The multiple bathrooms enhance convenience, catering to the needs of all occupants.

    Currently, the property has tenants in-situ, which means you can start generating income from day one. This feature not only adds to the appeal for investors but also simplifies the transition into ownership, as the property is already operational.

    Beeston is a vibrant area known for its excellent amenities, including shops, restaurants, and transport links, making it a desirable location for tenants. The combination of a well-structured bungalow and its prime location makes this property a rare find in today’s market.

    In summary, this bungalow on Fletcher Road is a fantastic investment opportunity, offering a solid return with its existing tenants and the potential for future growth. Do not miss the chance to acquire this exceptional property in a sought-after area.

    Entrance Hall
    UPVC double glazed entrance door with flanking window, radiator, useful storage cupboard housing the Ideal combination boiler, loft hatch and and doors to the kitchen living diner, and five bedrooms.

    Bedroom One 4.75m x 3.86m (15'7" x 12'7" )
    A carpeted double bedroom with UPVC double glazed bay window to the front, radiator and door to the en-suite.

    En-suite
    Incorporating a three-piece suite comprising: shower, pedestal wash-hand basin, WC, tiled splashbacks, wall-mounted heated towel rail, and extractor fan.

    Bedroom Two 3.57m x 3.56m reducing to 2.45m (11'8" x 11'8" re
    A carpeted double bedroom with UPVC double glazed window to the front, radiator, and door to the en-suite.

    En-Suite
    Incorporating a three-piece suite comprising: shower, pedestal wash-hand basin, WC, tiled splashbacks, wall-mounted heated towel rail, and extractor fan.

    Bedroom Three 3.57m x 2.7m (11'8" x 8'10" )
    A carpeted double bedroom with UPVC double glazed window to the side, radiator and door to the en-suite.

    En-Suite
    Incorporating a three-piece suite comprising: shower, pedestal wash-hand basin, WC, tiled splashbacks, wall-mounted heated towel rail, and extractor fan.

    Bedroom Four 3.17m x 3.15m (10'4" x 10'4" )
    A carpeted double bedroom with UPVC double glazed window to the side, radiator, and door to the en-suite.

    En-Suite
    Incorporating a three-piece suite comprising: shower, pedestal wash-hand basin, WC, tiled splashbacks, wall-mounted heated towel rail, and extractor fan.

    Bedroom Five 3.75m x 2.85m (12'3" x 9'4" )
    A carpeted double bedroom with UPVC double glazed window to the side, radiator, and door to the en-suite.

    Kitchen Living Diner 10.6m x 3.51m (34'9" x 11'6" )
    A carpeted lounge diner area with three radiators, two UPVC double glazed windows to the rear, UPVC double glazed sliding doors to the rear, laminate flooring in the kitchen, with a range of wall, base and drawer units, work surfaces, one and half bowl sink and drainer unit with mixer tap, integrated electric oven with electric hob above, aluminium splashback, and extractor fan over, space for two fridges and freezers, plumbing for a washing machine, dishwasher and tumble dryer.

    Outside
    To the front of the property you will find two gated driveways, one leading to the garage and gated side access leading to the generous enclosed rear garden, which includes a paved patio, over looking the lawn beyond, a range of mature trees and shrubs, and fence boundaries.

    Material Information:
    Freehold
    Property Construction: Brick
    Water Supply: Mains
    Sewerage: Mains
    Heating: Mains Gas
    Solar Panels: No
    Building Safety: No Obvious Risk
    Restrictions: None
    Rights and Easements: None
    Planning Permissions/Building Regulations: None
    Accessibility/Adaptions: None
    Does the property have spray foam in the loft?: No
    Has the Property Flooded?: No

    Disclaimer:
    These details and Key facts are for guidance only and complete accuracy cannot be guaranteed If there is any point, which is of particular importance, verification should be obtained. All measurements are approximate. No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Full material information is available in hard copy upon request.

    A Spacious Five-Double Bedroom Detached Bungalow Currently being used as a HMO, enjoying a Generous Plot.

    Beeston Branch

    t: 0115 922 0888
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