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9 bedroom detached house for sale
Redcliffe Road, Nottingham
£800,000
Redcliffe Road, Nottingham
£800,000
Our Summary
- Stunning Freehold Investment Opportunity - Offers in the Region of £800,000Detached Coach House + 3 Converted Apartments | £60,000+ PA Rent Roll | Initial Yield 7
- £60,000 PA income, with strong rental uplift potentialCompany Let Agreements in place, providing stability and enhanced incomeUnconverted basement suitable for additional conversion (STP)Large front car park - possible development potential (STP)Attractive mix of long-term ASTs and short-term Airbnb-style letsPeriod property in a highly desirable locationSmall rear communal gardensLocationSituated within easy reach of Nottingham city centre, the property benefits from excellent public transport links and lies within a highly desirable residential area, popular with both professionals and families
- Freehold Investment Opportunity
- Potential Capital Uplift
Description
This stunning freehold investment opportunity in Nottingham is a rare chance to acquire a fully let, income-producing block with a detached coach house and three converted apartments. The property is situated on a desirable tree-lined street and benefits from a prominent corner position, with a large private car park and potential for further development. The current rent roll of approximately £60,000 per annum generates a strong gross yield of over 7.5%, with significant scope to enhance returns through rental re-alignment, cosmetic upgrades, and further development of under-utilised space. The property has a mix of long-term ASTs and short-term Airbnb-style lets, with company let agreements in place providing stability and enhanced income. With rental demand and property values continuing to rise, this block offers both secure income and strong prospects for capital growth, making it a superb opportunity for yield-focused investors and those seeking long-term growth.