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St. Wilfrids Square, Calverton

Key features

  • Three one-bedroom flats and ten two-bedroom flats
  • Current Income £80,004 pa
  • Potential to upgrade the property to produce an income of circa £116,100 pa

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 circa 275,000 persons, 90,000 students, a leisure catchment of 750,000+ together with a shopping catchment of approximately 2,000,000.

Calverton lies approximately 8.6 miles north-east of central Nottingham and approximately 10.6 miles south-east of Mansfield town centre. It has a resident population of in excess of 7,000 inhabitants and an expanding 3,000 households.

St Wilfrid's Square is the principal shopping precinct serving Calverton and the surrounding area. Also situated within St Wilfrid's Square is a Doctor's Surgery, a Health Clinic and a local Library.

This scheme is in the heart of the locality generating good foot fall throughout the week. The property benefits from two car parks either side of the precinct and provides a good level of car parking. These properties benefit from the amenities.

As elsewhere throughout the United Kingdom, Calverton and the surrounding area enjoys a buoyant lettings market for apartments such as these within the subject property.

The property comprises part of the upper floor accommodation of St Wilfrid's Square in Calverton, a Shopping Centre developed a number of years ago.

The property consists of ten two-bedroomed spacious flats and three one-bedroomed flats, all with separate entrances from the rear. Four maisonnettesand four single level flats accessed from the rear car park adjacent to CrookdoleLane, five single bedroom flats adjacent to Mansfield Lane.

The property consists of seven flats (1A to 9A) on one side of the precinct and five flats (10A to 22A) on the other side of the precinct. Some of these flats are quite spacious totallingin excess of 950 ft².

The reversionary income here is quite strong and the property is eminently suitable for being upgraded in quality and re-let at materially higher rents. 

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.
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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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Energy performance certificate - ask agent

St. Wilfrids Square, Calverton

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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 102431015775. 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.

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