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10 bed flat
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Price History
Our Summary
- This is a low-maintenance, long-term investment opportunity in one of Nottingham's most resilient rental markets
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Description
The property is a nine-unit residential block located on Beech Avenue in Nottingham's NG7 district. It comprises eight one-bedroom apartments and one two-bedroom apartment, all self-contained and well-presented with modern kitchens and bathrooms. The block is fully let to René House CIC, a supported accommodation provider, on a 5-year lease, with the current passing rent of £66,665.40 per annum.
The property benefits from excellent transport links to Nottingham city centre, universities, and healthcare facilities, with modest landlord costs of around £2,500 per annum.