Block of Flats - Castle Boulevard

Nicholas Humphreys Estate Agents are delighted to bring to the market this attractive Freehold investment opportunity, ideally located in the highly sought-after Lenton area. The property benefits from being within close proximity to the Queen’s Medical Centre and the University of Nottingham, making it particularly appealing to both students and professional sharers. The property is offered fully furnished and is fully let for the 2025/2026 academic year, generating an annual income of £35,384.

The property comprises of two self-contained flats: a one-bedroom flat situated on the ground floor and a four-bedroom duplex HMO flat arranged over the first and second floors. Both units are finished to a good standard, which is reflected in the strong rental income currently being achieved. The ground floor flat benefits from a spacious living and kitchen area, providing ample room for a dining table and chairs. Towards the rear, accessed directly from the main corridor, is a double bedroom overlooking the rear elevation, along with a bathroom. A rear door provides access to a small, private courtyard. There is also access to the basement via the ground floor flat.

The four-bedroom duplex flat is well presented and features a large open-plan living area, a main bathroom, and an additional separate shower room. One bedroom is located on the first floor, with the remaining three double bedrooms situated on the second floor. The building is fully double glazed and benefits from gas central heating throughout.

Additional Information:

Rental Information
- 4 bed is currently let for £140pppw inclusive of utilities, with a usage allowance of £15pppw, on a 50 week tenancy (£25,000 per annum excluding utilities)
- 1 bed flat is let for £865.33pcm (£10,384 per annum excluding utilities)

This represents a rare opportunity to acquire a small freehold block of flats in a popular and convenient location, offering consistent rental demand and strong investment potential.
Further information is available upon request. Viewings are strictly by appointment only.

This represents a rare opportunity to acquire a small freehold block of flats in a popular and convenient location, offering consistent rental demand and strong investment potential.

Further information is available upon request. Viewings are strictly by appointment only.

REFERRAL ARRANGEMENT NOTE

Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £250 from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.

 

EPC rating: C. Tenure: Freehold,