Thames Street, Nottingham, NG6
- 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
Key features
- Freehold Investment Opportunity
- 14 Self Contained units
- Close to local amenities and transport links
- Off street parking
Description
Investment opportunity to acquire the freehold of 14 units located within the heart of Bulwell, close to a range of local amenities as well as transport links.
Investment opportunity to acquire 14 self-contained units all of which are fully occupied, the flats, most of which are made up of studios come with kitchenettes and a separate bathroom comprising showers, sinks and w/c’s.
All flats have their own electricity supply, while there is a main gas central heating system which has been recently upgraded. (New boilers, leaving just the radiator system to be upgraded).
The building has a central fire alarm system which is hardwired into all 14 units.
Each flat generates a monthly income which is broken down as follows:
Flat one £450
Flat two £425
Flat three £450
Flat four £450
Flat five £400
Flat six £465
Flat seven £500
Flat eight £425
Flat nine 500
Flat ten 500
Flat eleven £500
Flat twelve £450
Flat twelve A £357
Flat fourteen £500
Monthly rent £6372
Annual return £76,464
Included in the rent is the gas and water supply.
Landlord currently pays Gas supply at £6000 per annum*
Water supply £950 per annum*
Landlord electric supply £2500 per annum*
Monthly utilities breakdown * all figures quoted are approximate and should be used for guide purposes only.
To the first floor of the building a communal pay as you go washing machine and tumble dryer.
Outside there is parking and an integral garage which is used by some of the residents for storage.
There is a bin store to the right of the development where all bins are collected by the council on a weekly basis.
Bracken House has scope for further development subject to planning consent.
Bulwell is a popular market town providing easy transport links into Nottingham City Centre and the M1 Motorway. Bulwell has lots of amenities, most of which can be reached on foot from Bracken House.
- 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.
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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
Thames Street, Nottingham, NG6
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Visit our security centre to find out moreDisclaimer - Property reference cfc27e4c-bfdd-4787-b74f-a01d802a4d13. 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 Fairview Estates, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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