Freehold block containing 8 x tenanted apartments

Location: Nottingham
Price: £1,100,000
Rent: £55,320 p.a (Market Rent is £82,200 p.a)

A block containing 8 x apartments on one freehold title roughly 2 miles from Nottingham city centre. The block consists of 1 x one bed, 6 x two beds and 1 x 3 bedroom apartment. All units are well sized with desirable layouts and the block also contains ample room for parking. The block is currently let below the market rates for the area and presents a great opportunity for a new investor to bring these in-line.

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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