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Radford Road, Nottingham

Key features

  • 10 self-contained studio apartments
  • Current Income £96,000 pa
  • Fully let and income producing
  • Offers invited at £1,300,000

Description

Nottingham is a major provincial city in the East Midlands with substantial interests in retail, manufacturing,
education, call centres, offices, warehousing and distribution. Nottingham City has a population of 275,000 persons, 90,000 students, a leisure catchment of 750,000 and a shopping population of approximately 2 million. Radford Road is a long thoroughfare running in a northerly direction from its junction with Gregory Boulevard, a half mile to the south, to connect with the inner ring road at is northern end. This property is located in a central location adjacent to the former Shipstones Brewery now owned and occupied by John Pye Auctions, and opposite a large warehouse operated by Storage King. The property has a main frontage to Radford Road and a return frontage to Mosley Street. There is vehicular access to the small car park to the rear. The property is situated in an inner city area which is a combination of residential and commercial/industrial uses. Over the years a number of buildings have been redeveloped for modern industrial purposes. The property is within easy walking distance of the Wilkinson Street Park & Ride. To the south there is a major ASDA supermarket. Elsewhere along Radford Road to the south there are a
number of local shops. The property is situated in an area where there is a strong demand for residential accommodation to let as is evidenced by the rents prevailing and the speed with which the property was let after completion. 

The property comprises a substantial building, probably erected anything up to 100 years ago, forming part of a terrace of properties fronting onto Radford Road. The property has a return frontage to Mosley Street.
The original part of the property is of 9" brick construction, with a pitched roof surfaced with slates. The ground floor of No 414 Radford Road has been sold off long leasehold and is operated as a children's nursery. The property has been upgraded with the insulation of PVC windows throughout and has metal gutters and downpipes. Each apartment consists of a living room, kitchen area with separate bedroom and en-suite facilities. Each flat is separately metered, heating being provided by electric convectors.
To the rear there is a small enclosed rear yard providing car parking for the nursery staff. This property has been recently comprehensively refurbished and has been recently relet. 

These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.

Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property. 

Brochures

Brochure
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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Energy performance certificate - ask agent

Radford Road, Nottingham

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About FHP Living, West Bridgford

23 Bridgford Road, West Bridgford, Nottingham, NG2 6AU

Proactive residential property consultants FHP Living is the residential division of Fisher Hargreaves Proctor Property Consultants, the East Midlands property advisor of the year. We are a vibrant, forward-thinking and proactive estate agency with a dedicated team of hard-working property professionals who focus on specific areas; each agent then becomes an expert with detailed knowledge for that area.

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Disclaimer - Property reference 102431015565. 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 FHP Living, West Bridgford. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call FHP Living, West Bridgford on 0115 647 3293.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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