Sponsored Get a Survey — free quotes via ReallyMoving
9 bed detached house
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Price History
Our Summary
- Freehold Investment Opportunity
- Potential Capital Uplift
- £60,000 PA, with strong yield and clear potential for uplift through refurb, rent re-alignment, and conversion of the unutilised basement or large front car park (STP)
- Stunning Freehold Investment Opportunity – Offers in the Region of £800,000 Detached Coach House + 3 Converted Apartments | £60,000+ PA Rent Roll | Initial Yield 7
- £60,000 PA income, with strong rental uplift potential Company Let Agreements in place, providing stability and enhanced income Unconverted basement suitable for additional conversion (STP) Large front car park – possible development potential (STP) Attractive mix of long-term ASTs and short-term Airbnb-style lets Period property in a highly desirable location Small rear communal gardens Location Situated within easy reach of Nottingham city centre, the property benefits from excellent public transport links and lies within a highly desirable residential area, popular with both professionals and families
Get alerted when similar properties are listed — Subscribe
Description
This attractive freehold investment property in a prime location near Nottingham city centre offers a rare opportunity to acquire a fully let and income-producing block. The property comprises a detached three-bedroom coach house, three self-contained apartments, and a large private car park. The current rent roll is approximately £60,000 per annum, providing a gross yield of around 6.66%.
The property has a mix of long-term and short-term lets, with potential for further rental increases through refurbishment, rent re-alignment, and possible conversion of the unutilised basement and car park. The area is highly sought-after by both tenants and owner-occupiers, making it an excellent opportunity for yield-focused investors and those seeking long-term capital growth. With increasing rental demand and property values, this freehold block presents a unique chance to enhance returns and capitalise on the area's popularity.