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Property for sale
Thames Street, Nottingham, NG6
£900,000
Thames Street, Nottingham, NG6
£900,000
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
Description
This investment opportunity presents the freehold of 14 self-contained units in the heart of Bulwell, Nottingham, offering a steady monthly income of £6,372. The units, mostly studios with kitchenettes and separate bathrooms, are fully occupied and generate a total annual return of £76,464. The building features a central fire alarm system, gas central heating, and individual electricity supplies for each flat. The landlord pays for gas, water, and electricity supplies, which are included in the rent. The property also offers communal laundry facilities, parking, and an integral garage for storage. With potential for further development subject to planning consent, Bracken House presents a lucrative investment opportunity for those looking to capitalize on the growing popularity of Bulwell as a desirable location with easy transport links to Nottingham City Centre and the M1 Motorway.