10 bedroom apartment for sale

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10 bedroom apartment for sale

Beech Avenue, New Basford NG7
£899,950

Our Summary

  • This is a low-maintenance, long-term investment opportunity in one of Nottingham's most resilient rental markets

Description

FHP is pleased to present a fully let nine-unit residential investment property on Beech Avenue in Nottingham's NG7 district. The property consists of eight one-bedroom and one two-bedroom apartments, all self-contained and well-presented, and is fully income-producing through a 5-year lease to a supported accommodation provider. The property benefits from a strong rental demand and stable occupancy, with a modest £2,500 annual landlord cost, resulting in a 7.40% gross yield and 7.12% net yield at the guide price of £899,950. The location offers easy access to shops, supermarkets, and public transport routes, making it an attractive long-term investment opportunity in one of Nottingham's most resilient rental markets.