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2,393 sq ft Investment For Sale, Nottingham NG7, £550,000

Investment in Nottingham
Investment in Nottingham
Investment in Nottingham
Investment in Nottingham

Property ID: 70055

£550,000 Freehold

1 First Avenue, Nottingham, Nottinghamshire, NG7 6JL

Type Investment
Status Under Offer
Size 2,393 sq ft / 222 sq m

Key Features

  • Freehold block of 4 x 2 bed apartments
  • Producing gross income of £42,600 pa providing a 7.75% GIY
  • Gated yard with 8 on-site car parking spaces
  • Within close proximity to the city centre bus routes and a wealth of amenities including Shell, Lidl and Co-Op

Specification

Yard / compound
Yes
Parking
8 spaces
Kitchen / tea point
Yes
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Description

The Property Comprises A Detached Three Storey Brick Building Under A Pitched Slate Roof. The Accommodation Is Split Over Basement, Ground And First Floors Which Is Accessed Via An Entrance Foyer. Internally, The Property Provides 4 Modern Two-bedroom Apartments Which Have Been Recently Refurbished To Provide Attractive Accomodation. Each Apartment Provides A Large Living/kitchen Area, Two Bedrooms And A Bathroom. Apartments 1 And 4 Also Benefit From En-suite Bathrooms. The Property Benefits From A Basement Area, Housing The Meters And Providing Additional Storage Space.

The Property Provides Good Quality Accommodation Finished To The Following Specification: Carpeting And Wood Flooring, Led Spotlights, Gas Fired Central Heating And External Lighting. Externally, The Property Benefits From 8 Dedicated Car Parking Spaces, 6 Within A Gated Rear Car Park And 2 Spaces To The Front Of The Property.
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Innes England
Innes England View all properties

Property ID: 70055

2,393 sq ft Investment For Sale, Nottingham NG7, £550,000
£550,000 Freehold

1 First Avenue, Nottingham, Nottinghamshire, NG7 6JL

Investment|Under Offer|2,393 sq ft / 222 sq m

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Innes England
Innes England View all properties
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