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6 bed semi-detached house
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Our Summary
- INVESTMENT OPPORTUNITY
- A well-positioned freehold investment block comprising 3 x self-contained 2-bedroom apartments, producing a current gross rental income of £31,200 per annum, with scope to potentially increase income towards £36,000 per annum, equivalent to a gross yield of approximately 8
- With £31,200 current income, potential rental uplift, EPC C ratings, compliance in place, off-street parking and no onward chain, this is a focused, income-led investment opportunity in an established Nottingham rental location
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Description
The property is a freehold investment block located on Gorsey Road, comprising three self-contained 2-bedroom apartments with off-street parking. The apartments are already let, producing a current gross rental income of £31,200 per annum, and have scope to increase income towards £36,000 per annum. The flats are individually serviced by their own utilities and have separate EPC ratings of C, with gas safety, EICR, and licensing in place.
The property benefits from a long rental history, minimal void periods, and is located in a desirable area with easy access to Nottingham city centre, public transport, and local amenities.