Derby Road, Nottingham 3 bed house for sale

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Derby Road, Nottingham 3 bed house for sale

Derby Road, Nottingham NG1
£400,000

Our Summary

  • The residential flats are sold fully furnished and finished to a high specification, providing a turnkey investment opportunity

Description

This freehold mixed-use investment property in Nottingham features a ground floor retail unit with two self-contained residential flats above, generating a total annual income of £37,420. The property is arranged over four floors, with a one-bedroom flat on the first floor and a two-bedroom duplex flat on the second and third floors, both with independent access from the rear. The residential flats are fully furnished and finished to a high specification, providing a turnkey investment opportunity. The property is located in a suburban area, close to Nottingham Trent University and the city center, and benefits from excellent transport connectivity. The retail unit is let on a 10-year lease, while the residential flats are let on separate Assured Shorthold Tenancies.