Description
- Prime Location: High demand area for both students and professionals.
- Self-Contained Apartments: Independent units ideal for long-term or serviced accommodation.
- Strong Rental Income: £6,900.00 monthly, with potential to reach £7,250.00.
- Excellent Transport Links: Easy access to M1 motorway and frequent buses to the city.
- Close to City Centre: Convenient for dining, shopping, and entertainment.
- Nearby Green Spaces: Close to The Arboretum and Forest Recreation Ground.
- Employment Hub: Surrounded by offices and job opportunities.
- Flexible Tenancy Options: Suitable for both short-stay and long-term rentals.
- Student-Friendly: Near educational institutions with easy transport.
- Immediate Returns: Ready for rental income with growth potential.
PROPERTY SUMMARY: This ten-unit apartment block presents an exceptional investment opportunity, ideal for both student and residential markets due to its strategic location near educational institutions, employment centres, and local amenities. Each apartment is fully self-contained, offering flexibility for long-term rentals or short-stay serviced accommodation to meet the growing demand for independent living. Please note, rent is exclusive of heating and council tax costs.
Transport links are excellent, with convenient access to the M1 motorway, ensuring easy connections to broader destinations. Public transport options are also robust, with frequent local bus services providing swift access to Nottingham city centre, where an array of dining, shopping, and entertainment options await. The NG7 area is complemented by green spaces, including The Arboretum and the Forest Recreation Ground, ideal for family outings and leisurely walks.
Currently generating a monthly rental income of £6,900.00, with potential to increase to £7,250.00, this property underscores potential for enhanced returns. With local offices and job opportunities abundant, demand for rental accommodation remains consistently high. Ready to yield returns immediately, this property also promises further growth potential in a location that attracts year-round tenant interest.
APARTMENT 1: A compact yet functional studio, perfect for students or young professionals. The main living area provides ample space for a bedroom setup and small lounge area, with a practical kitchenette fitted with essential appliances. A private bathroom with a shower, WC, and washbasin completes this low-maintenance living space.
APARTMENT 2: Apartment 2 offers a well-proportioned living space with a dedicated kitchen area. This studio apartment includes a comfortable sleeping and living area, along with an en-suite bathroom, providing a convenient and private setup. The layout maximises space, creating a versatile environment suitable for various lifestyle needs.
APARTMENT 3: This one-bedroom apartment balances functionality with comfort. The spacious kitchen/diner offers ample space for cooking and dining, while the cosy bedroom provides a comfortable retreat. A private bathroom with a shower, WC, and washbasin makes this a complete, self-contained space suitable for both students and professionals.
APARTMENT 4: Featuring a spacious kitchen/living area with room for dining and relaxation, this inviting one-bedroom apartment is ideal for individuals or couples. The bedroom offers a peaceful retreat, and a private bathroom ensures a fully self-contained living experience.
APARTMENT 5: This apartment offers an open-plan living area that maximises space and functionality. The kitchenette integrates seamlessly into the living space, while the separate bedroom provides a quiet retreat. A private bathroom with a shower, WC, and washbasin makes it perfect for modern living, appealing to both students and professionals.
APARTMENT 6: A compact and efficient studio, providing a practical living solution. The main studio area serves as both a sleeping and living space, while the shower room includes a shower, WC, and washbasin. This apartment is ideal for those seeking a cosy, low-maintenance environment.
APARTMENT 7: This one-bedroom apartment offers a balanced layout. The open-plan kitchen and living area provides space for dining and relaxation, while the bedroom offers a comfortable retreat. A private bathroom with a shower, WC, and washbasin completes this apartment, ideal for professionals or students.
APARTMENT 8: Apartment 8 is a bright and spacious apartment. This studio-style apartment features a distinct kitchen area and an en-suite bathroom for privacy and convenience. Its open layout offers flexibility in design, making it ideal for a cosy and efficient living space.
APARTMENT 9: This efficiently designed apartment is perfect for convenience and ease of maintenance. The main studio area provides a functional living and sleeping space, with an integrated kitchenette for meal preparation. A private bathroom with a shower, WC, and washbasin ensures a self-contained living experience, making it an ideal choice for those looking for a straightforward, low-maintenance home.
APARTMENT 10: This spacious apartment offers a versatile and open living area, ideal for students or professionals. The main studio space is suitable for a combined bedroom and lounge setup, with an integrated kitchenette for efficient use of space. A private bathroom with a shower, WC, and washbasin completes this self-contained, low-maintenance living environment.
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DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.
Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.
Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.
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