Ayr Street, Nottingham, Nottinghamshire, NG7
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
6
- BATHROOMS
6
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
The property is located within Ayr Street in the Arboretum area of the city. The property is situated approximately 1/2 a mile from Nottingham Trent University main campus as well as Nottingham City Centre.
Description
The property forms part of a 10 house student development totalling 10 properties offering 60 beds in total. The surrounding uses are dominated by student housing both within existing housing stock but also within purpose built blocks.
Floor plans of the property are on the next page but in brief, the property is of 3 storey construction with the ground floor comprising an open living room and kitchen. The first and second floors comprise of 3 bedrooms per floor all with an en-suite bathrooms.
Tenure
The property is to be sold freehold subject to the tenancies detailed below.
Rental
The property has been let for the 2024/25 academic year at a rental of £169 per person per week on 50 week contract on an inclusive of bills basis. There is a cap of £16 per person per week on utilities. Thus producing a gross rent of £50,700 for the academic year.
The property has also been let for the 2025/26 academic year at the same rental level. However, the allowance for utilities is on a KWh usage basis. Further information is avalialbe from the agents.
Price
Offers in the region of £560,000 are sought for the freehold interest subject to the tenancies as detailed above.
Planning
The property has planning consent for C4 (Small HMO) use.
Fixtures and Fittings
All fixtures and fittings are to be included in the sale.
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Ayr Street, Nottingham, Nottinghamshire, NG7
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Visit our security centre to find out moreDisclaimer - Property reference MC11Ayr. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Oak Property Consultants, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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