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6 bedroom property for sale
Barrack Lane, Nottingham, Nottinghamshire, NG7
£425,000
Barrack Lane, Nottingham, Nottinghamshire, NG7
£425,000
Our Summary
- PRIME INVESTMENT OPPORTUNITY IN PRESTIGIOUS THE PARKGuide Price: £425,000 | Rental Income: £3,235 per month | Freehold | 4 x Apartments | 2 x 605 SQ
- This exceptional investment opportunity combines character, location, and proven rental performance - ideal for experienced property investors seeking a premium addition to their portfolio
- Prime investment opportunity in prestigious The Park area of Nottingham with a guide price of £425,000 and monthly rental income of £3,235
Description
This prime investment property in Nottingham's prestigious The Park area offers a unique opportunity to acquire a freehold three-storey Victorian conversion with four fully tenanted apartments. The property boasts exceptional character, with its "Flying Freehold" design and premium features such as gas central heating, double glazing, and modern kitchens and bathrooms. The four apartments are let on Assured Shorthold Tenancies, generating a total monthly rental income of £3,235 and an annual rental yield of approximately 9.1% gross. The property's prime location, with its proximity to Nottingham University, Nottingham Trent University, and the city centre, ensures strong rental demand and flexibility for tenants. The guide price for the property is £425,000, and it can be acquired through a freehold purchase or company share purchase. This outstanding investment opportunity combines character, location, and proven rental performance, making it an attractive option for experienced investors.