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14 bed flat
Elm Avenue, Nottingham, NG3 4GF
Auction
£650,000
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Our Summary
- Scope for refurbishment and rental uplift
- While fully compliant, the properties would benefit from refurbishment, offering investors the chance to enhance rental levels and capital value
- Auctioneer Comments Offered via the Modern Method of Auction through Brookvale Auctions
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Description
The property comprises two residential blocks in Nottingham with a mix of rentals. The blocks contain 2 x three-bedroom apartments, 3 x two-bedroom apartments, and 2 x self-contained studio flats, generating an annual income of £85,728 with no rent arrears. The properties could benefit from refurbishment to increase rental levels and capital value.