Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property

Gorsey Road, Nottingham NG3 4JL

PROPERTY TYPE

Semi-Detached

BEDROOMS

6

BATHROOMS

3

SIZE

Ask agent

TENURE
Describes 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

  • INVESTMENT OPPORTUNITY!: Freehold block of 3 apartments
  • In total there are 3 flats, each with 2 bedrooms
  • £31,200 current annual income (gross yield approx. 6.93%)
  • Rent could achieve £36,000 per year (gross yield 8.00%)
  • Gas, EICR and all other compliance in order
  • All flats EPC rated C
  • Long rental history with minimal void periods
  • Highly desirable location for professional Tenants
  • Off street parking
  • No chain

Description

A well-positioned freehold investment block comprising 3 x self-contained 2-bedroom apartments, producing a current gross rental income of £31,200 per annum, with scope to potentially increase income towards £36,000 per annum, equivalent to a gross yield of approximately 8.00% against the OIRO £450,000 guide price.

This is a particularly attractive opportunity for investors seeking a ready-made rental asset with three separate income streams, a long rental history and minimal void periods. The property is already let, with professional tenant appeal supported by its location, layout and off-street parking.

All three flats are EPC rated C, which is an important point for landlords. The Government has consulted on proposals to raise minimum energy efficiency standards for privately rented homes in England and Wales by 2030, so properties already at EPC C will certainly be better positioned than lower-rated rental stock if future rules tighten.

The property also has gas safety, EICR and licensing in place, with all flats separately serviced by their own utilities. This supports a clean and practical management structure for an incoming landlord.

Gorsey Road is well placed for Nottingham city centre, Mapperley, local amenities and public transport. Nottingham City Transport provides local bus journey planning across the city, while Nottingham’s tram network connects key destinations across Nottingham, supporting commuter access for tenants.

The surrounding area is likely to appeal to professional tenants and sharers wanting access to the city without being directly in the centre. Nearby amenities, transport links, parks and residential convenience all help support ongoing tenant demand.

With £31,200 current income, potential rental uplift, EPC C ratings, compliance in place, off-street parking and no onward chain, this is a focused, income-led investment opportunity in an established Nottingham rental location.

For more information, contact our team today.
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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Gorsey Road, Nottingham NG3 4JL

Approximate location
Open mapStreet View

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Affordability

Monthly repayments£2,257
Property: £ 450,000
Deposit: £ 45,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
See similar nearby properties

About Cavendish Residential, Nottingham

One Fletcher Gate Adams Walk, Nottingham, NG1 1QS

Cavendish Residential is an independent, innovative and vibrant company specialising in lettings and management of quality residential properties in Nottingham, providing a professional service on a friendly level whilst being fully committed to delivering results.

With comprehensive lettings experience, state of the art software packages and an in depth knowledge of the Nottingham market, we pride ourselves on offering a pro-active, unique and personalised approach.

Check how much you can borrow

Get an instant, personalised result:

  • Show sellers you’re serious
  • Secure viewings faster with agents
  • No impact on your credit score
Get a Mortgage in PrinciplePowered by

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference CVN_NTT_LFSYCL_685_872484847. 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 Cavendish Residential, 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.

Map data ©OpenStreetMap contributors.

Email agent

Call agent

Email agent