9 Bed Block of Flats
Asking Price £1,100,000
Location: Trevelyan Road & Crosby Road, West Bridgford, Nottingham, Nottinghamshire, NG2 5GY
4 Reception Rooms
9 Bedrooms
9 Bathrooms
About the Property
*FANTASTIC INVESTMENT OPPORTUNITY* This Georgian building has been carefully converted into four separate maisonette apartments, with the perfect mix of modern and classic features…
- Investment opportunity
- 4x Maisonette homes (see floorplans)
- Purchase includes freehold
- All units rented & managed at 6%
- Recently renovated
- Fantastic location
- Company purchase possible, with fixed mortgages at 4%
Property Details
Property Overview
Katie Homes Sales are proud to offer this investment opportunity for private sale.
In the fantastic, sought-after town of West Bridgford, you can expect to see capital appreciation over time. There is always a high demand for property in this area, be it for sale or for rental.
This Georgian-style home has been carefully converted into four separate maisonette apartments. The developer has done a tremendous job keeping the original features, whilst adding modern comforts found in much newer homes.
All the properties are tenanted and achieve a total monthly rental income of £5,200 (£62,400 per year).
The property can be sold in a company, which would give the buyer a large saving on stamp duty. The buyer would also inherit the current mortgage rates with Kent Reliance, which are fixed until October 2027 at a rate of 4.2%.
You will find pictures of all the individual homes, with 360 tours, as well as walk-through tours.
For more information or to book your viewing, please call Katie Homes Sales today!
Rentals
-
Ground Floor Trevelyan - £1,300 per month
Top Floor Trevelyan - £1,500 per month
Ground Floor Crosby - £1,200 per month
Top Floor Crosby - £1,200 per month
EPCs
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Ground Floor Trevelyan - D 64
Top Floor Trevelyan - C 70
Ground Floor Crosby - D 64
Top Floor Crosby - D 66
Managed Property
The property is currently managed by Katie Homes Lettings Nottingham and the management of all the apartments can continue at the rate of 6% +VAT.
