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1 bed property, in Albert Street, £140,000
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1 bed flat

Albert Street, Newark NG24
£140,000
LeaseholdPeriod Property

This property, a recently converted duplex apartment, is located in Newark-On-Trent and offers a unique blend of space and homeliness. With a gross income of £31,044 per year and a net income of £18,880 per year, it provides a 13.5% net yield, making it an attractive investment opportunity. The property has a 5-minute walk to the town center, where visitors can enjoy a range of bars, restaurants, and boutiques, and is also close to the river Trent. With a trading history available on request, this property has demonstrated a steady revenue of £30-£35,000 per annum, with excellent occupancy rates. It features one double bedroom, a sofa bed, and two bathrooms, as well as kitchen amenities, WiFi, and a smart TV. The property also offers free parking and a walk-in wardrobe, making it an ideal choice for both friends and family vacations and professional work trips.