The Gadd Street Portfolio
- PROPERTY TYPE
Terraced
- BEDROOMS
36
- BATHROOMS
12
- SIZE
6,620 sq ft
615 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- A Portfolio Of 6 HMOs In Radford
- Combined 36 Bedrooms In Purpose Built Development
- Faultless Track Record Being Fully Occupied Since 2012
- The Current Gross Rental Income for 24/25 is: £231,795
- The Gross Rental Income For 25/26 Is: £241,740
- Gross Rental Income For Next Year Is Yield Is: 8.3%
- 3 Out Of The 6 Properties Are Leasehold With 105 Years Remaining Each
- Recently Refurbished Investment Opportunity
- Off Road Parking For Multiple Vehicles
- Within Walking Distance To Nottingham Trent Uni And The City Centre
Description
Prepare to be captivated by this exceptional investment opportunity in Radford. Presenting a unique development boasting 6 HMOs, totalling 36 bedrooms, this property portfolio has been flawlessly occupied since 2012. With a robust track record and a gross rental income of £241,740 annually, this offering is a lucrative venture with a projected 8.4% yield for the upcoming year. Recently refurbished, the properties exude modernity and promise a seamless transition for investors. Offering off-road parking for multiple vehicles, this lucrative portfolio is strategically located within walking distance to Nottingham Trent University and the vibrant city centre, making it an attractive choice for students and professionals alike.
Outside, this property beckons with ample outdoor space ideal for relaxation and social gatherings. The well-maintained grounds provide a serene escape within the bustling city, offering a perfect balance of tranquillity and convenience. Embrace the potential of this impressive property portfolio and seize the opportunity to own a piece of Nottingham’s original purpose-built student accommodation.
EPC Rating: C
Overview
Presenting this exceptional investment opportunity in Radford. A unique development boasting 6 HMOs, totalling 36 bedrooms, this property portfolio has been flawlessly occupied since 2012. With a robust track record and a gross rental income of £241,740 annually, this offering is a lucrative venture with a projected 8.4% yield for the upcoming year. Recently refurbished, the properties exude modernity and promise a seamless transition for investors. Offering off-road parking for multiple vehicles, this portfolio is strategically located within walking distance to Nottingham Trent University and the vibrant city centre, making it an attractive choice for students and professionals alike.
Property Number 1
6 Bedrooms
3 Storeys
2 Bathrooms
2024/2025 Gross Rental Income: £42,840 PA
2025/2026 Gross Rental Income: £41,310 PA
Sqm: 120sqm
Leasehold: 105 Years Remaining
Service Charge: £1779
Ground Rent: £500
Property Number 2
6 Bedrooms
3 Storeys
2 Bathrooms
2024/2025 Gross Rental Income: £36,465 PA
2025/2026 Gross Rental Income: £39,780 PA
Sqm: 120sqm.
Freehold
Service Charge: £723
Ground Rent: £0
Property Number 3
6 Bedrooms
3 Storeys
2 Bathrooms
2024/2025 Gross Rental Income: £33,150 PA
2025/2026 Gross Rental Income: £39,780 PA
Sqm: 120sqm
Freehold
Service Charge: £723
Ground Rent: 0
Property Number 4
6 Bedrooms
3 Storeys
2 Bathrooms
2024/2025 Gross Rental Income: £39,780 PA
2025/2026 Gross Rental Income: £41,310 PA
Sqm: 120
Freehold
Service Charge: £723
Ground Rent: 0
Property Number 5
6 Bedrooms
3 Storeys
2 Bathrooms
2024/2025 Gross Rental Income: £41,310 PA
2025/2026 Gross Rental Income: £38,250 PA
Sqm: 120sqm
Leasehold: 105 Years Remaining
Service Charge: £1779
Ground Rent: £500
Property Number 6
6 Bedrooms
3 Storeys
2 Bathrooms
2024/2025 Gross Rental Income: £38,250 PA
2025/2026 Gross Rental Income: £41,310 PA
Sqm: 120sqm
Leasehold: 105 Years Remaining
Service Charge: £1779
Ground Rent: £500
Yard
The privately enclosed complex provides ample parking for both residents and their guests with allocated spaces for all houses.
Parking - Off street
Two parking spaces allocated per property.
Brochures
Investment Pack- 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.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- 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
The Gadd Street Portfolio
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Visit our security centre to find out moreDisclaimer - Property reference d0a1fca9-e29d-439f-8dfe-54474ae42cf3. 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 Comfort 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.
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