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Property for sale
Thames Street, Nottingham, NG6
£850,000
Thames Street, Nottingham, NG6
£850,000
Our Summary
- Investment opportunity to acquire the freehold of 14 units located within the heart of Bulwell, close to a range of local amenities as well as transport links
- Investment opportunity to acquire 14 self-contained units all of which are fully occupied, the flats, most of which are made up of studios come with kitchenettes and a separate bathroom comprising showers, sinks and w/c’s
- Bracken House has scope for further development subject to planning consent
- Freehold Investment Opportunity
Description
This investment opportunity presents the chance to acquire the freehold of 14 self-contained units in the heart of Bulwell, a popular market town with easy transport links to Nottingham City Centre and the M1 Motorway. The units, all fully occupied, consist of studios with kitchenettes and separate bathrooms, and are equipped with their own electricity supply and a recently upgraded main gas central heating system. The building features a central fire alarm system and each flat generates a monthly income, totaling £6,372 per month, or £76,464 per year. The rent includes gas and water supply, and the landlord pays for electricity and water services. The property also has a communal laundry facility, parking, and an integral garage, with scope for further development subject to planning consent.