9 bedroom block of apartments for sale

>

9 bedroom block of apartments for sale

Peveril Street, Nottingham
£925,000

Our Summary

  • A Prominent Detached Newly Refurbished Block Of 8 Ready Made Luxury Self Contained Apartments In A Very Strong Rental Demand Area On The Doorstep Of Nottingham City Centre With Forecast Income Of Over 8% Gross Yeild And Scope To Add 2 Further Self Contained Apartments
  • Planning permission for 2 further two bedroom apartments to the rear of the property was granted in 2021, providing further potential scope for increasing rental income

Description

This prominent detached block of 8 luxury self-contained apartments is located in a strong rental demand area on the doorstep of Nottingham City Centre. The property has been newly refurbished to an exceptional standard, with each apartment having its own utility and electricity meters, digital intercom access, and individual security cameras. The apartments range from studios to two-bedroom units, each with high-end finishes, LED lighting, and electrical wall-mounted heaters with wireless mobile phone control. Planning permission has been granted to add two further two-bedroom apartments to the rear of the property, providing potential for increased rental income. With a forecasted income of over 8% gross yield, this property offers a lucrative investment opportunity. The guide price is £925,000, with a potential rental income of £74,820 per annum.
Get a Mortgage Quote