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Halifax Place, Nottingham NG1 16 bed block of apartments for sale
Halifax Place, The Lace Market, Nottingham
£1,690,000
Halifax Place, The Lace Market, Nottingham
£1,690,000
Our Summary
- Exquisite Freehold Investment Opportunity in Nottingham's Lace MarketMS Estates is delighted to present a remarkable, recently converted freehold investment property, ideally situated in the vibrant heart of The Lace Market, Nottingham
- This exceptional building, 100 Halifax Place, offers a lucrative opportunity for investors seeking a ready-made, high-yielding asset with no immediate works required
- •Freehold Held in Limited Company: Potential for significant stamp duty savings (up to £116,500 – subject to professional advice)
- •Fully Converted & Modern: A recently renovated property requiring no immediate works
- •Fully Converted & Modern: A recently renovated property requiring no immediate works
Description
This exceptional freehold investment property, located in Nottingham's vibrant Lace Market, offers a lucrative opportunity for investors seeking a ready-made, high-yielding asset. The property, 100 Halifax Place, generates a substantial £12,123 per month in rental income, comprising 16 en-suite bedrooms across two five-bedroom apartments and three two-bedroom apartments. Each apartment features a fully equipped kitchen, comfortable living area, and independent heating system, making it highly attractive to young professionals and students. The property boasts a secure entrance lobby, individual resident mailboxes, a small office, and a utility cupboard, as well as off-street parking available for tenants. Currently, all apartments are let to students until Summer 2026, providing consistent and reliable income. This is a unique opportunity to acquire the freehold building, held within a limited company, which may offer significant stamp duty savings for purchasers.