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SOLD STC

Nottingham Road, Nottingham, Nottingham, Nottinghamshire, NG7 7BA

Floorplan 1
1

Key features

  • Hands Of Investment
  • Secure Investment
  • 9% Yield
  • Reputable Tenant In Place
  • Nottingham City
  • Prime Location

Description

FOR SALE: 146, 147, 148 Nottingham Road, Nottingham City Centre

Prime Hands-Off Investment Opportunity Fully Let to Housing Association £60,000 Annual Income

The Investment
An exceptional opportunity to acquire three adjoining semi-detached houses (Nos. 146, 147 & 148 Nottingham Road) situated in a prime Nottingham City location.

The properties are fully let to a reputable Housing Association on a five-year lease (with four years remaining) at a total annual rent of £60,000.
This is a completely hands-off investment. All aspects of the properties management, including tenanting, maintenance, lettings, and compliance, are handled by the Housing Association. This ensures a secure and hassle-free income stream from day one.

Key Details
Tenure: Freehold
Tenancy: 5-year lease to a Housing Association (4 years remaining)
Rent: £60,000 per annum
Tenant Responsibility: Full management, maintenance, and tenanting (hands-off investment)
Property Type: Three semi-detached houses, joined together
Location: Nottingham City Centre

Investment Highlights
Strong Yield: Attractive return based on current rent and city-centre positioning
Hands-Off Management: Perfect for investors seeking passive income
Secure Tenant: Established Housing Association
Prime Location: Walking distance to Nottingham City Centre amenities, major transport routes, and employment hubs
Bricks & Mortar Value: Underpinned by solid asset value in a growing regional market


Location
Nottingham is one of the UK"s most vibrant and fast-growing cities, known for its thriving economy, two major universities, and excellent connectivity.
Nottingham Road provides direct access to the city centre, M1 motorway, and Nottingham Train Station, ensuring strong demand for both owner-occupiers and institutional tenants alike.

Summary
This is a rare, income-producing, city-centre investment combining security, yield, and zero management.
Ideal for both portfolio investors and hands-off buyers seeking strong returns in one of the UK"s most resilient rental markets.
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: TBC
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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Nottingham Road, Nottingham, Nottingham, Nottinghamshire, NG7 7BA

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About Lester & Bingley, Mansfield

Unit 2A, Sherwood Oaks Close, Sherwood Oaks Business Park, Mansfield, NG18 4TB
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Lester and Bingley offer extensive experience of sales and lettings across all property sectors. We pride ourselves in offering a professional, no-nonsense approach, achieving the best results for our Clients. Specialising in residential and commercial sales & lettings and development sales & acquisitions.

We are not here to just list your property, we take pride in our proactive approach to marketing so that your property receives maximum exposure and achieves best value. With every avenue explored, from search engines to social media along with a client base and network of contacts from all corners of the property world, we ensure your property is marketed to its fullest potential.

At Lester and Bingley we recognise how stressful buying and selling a property can be. With a clear understanding of our Client?s needs we regularly communicate progress through all avenues available. Having an in-depth knowledge of the property market both nationally and locally is paramount to providing professional advice and reacting to changing market conditions.. We pride ourselves in having experience not only locally but also throughout the UK.

Call now to arrange your free valuation on 0115 734 2000

Your mortgage

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Disclaimer - Property reference 714056. 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 Lester & Bingley, Mansfield. 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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