Off Plan Block of 10 Apartments WITH planning permission
Location – Nottingham
Price – £550,000
Key Investment Facts
- Rare Development Opportunity
- FREEHOLD block of apartments in Nottingham
- FULL planning permission in place
- Planning for 10 x apartments with FREEHOLD
- 2 x 3BED plus 8 x 1BED apartments
- Only £550,000 for the lot
- Build it yourself!
- Only 0.9 miles to City Centre and University!
We have an off-plan block of 10 x apartments for only £550,000 with full planning permission. Once built these can be rented out as standard buy-to-let or as SA (serviced accommodation) units. Located in Nottingham only 0.9 miles from the City Centre and University these 2 x 3BED + 8 x 1BED apartments with FREEHOLD will SECURE OVER £76,000 in GROSS rental income per annum on AST or circa £500,000 per annum (gross) if tenanted as SA (Serviced Accommodation).
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.