GROSS YIELD (APPROXIMATE ONLY): 6.12% or 5.44% gross — based on £85 p/w × 6 beds × 48 weeks = £24,480 gross
Outstanding residential investment opportunity! A portfolio of three self-contained flats in Nottingham's prestigious The Park, offering a turn-key solution with an established track record and massive potential for income growth!
A rare chance to acquire a substantial three-storey terraced property, configured to three self-contained flats, in one of Nottingham's most exclusive and sought-after residential districts, The Park. The location is unparalleled - perfectly positioned minutes from the city centre's comprehensive amenities and benefitting from nearby transport links to Nottingham's university campuses. Each flat is thoughtfully laid out with two bedrooms, a kitchen, and a bathroom. This is an incredible opportunity for an investor to secure a prime asset with robust demand.
The portfolio is offered as a fully operational, turn-key investment, complete with white goods and furniture. It boasts an established and successful rental history, backed by consistently strong student demand for this premier location. The property is currently fully let at £85 per person per week (excluding bills), providing immediate income - including a mixture of students and private tenants. An excellent addition to any diversified portfolio.
Ready for immediate handover and with no upward chain, this is a rare, hassle-free investment in the heart of The Park. Early viewing is highly recommended.
Due to size and configuration, this address currently has 3 council tax bands and 3 valid EPC’s (all expiring 13th March 2029).
Flat 1 (Ground Floor - D 64) with a council tax band of A
Flat 2 (Mid Floor - D 67) with a council tax band of B
Flat 3 (Top Floor - C 69) with a council tax band of B
