Wollaton Road, Beeston

CONTACT FHP PROPERTY CONSULTANTS FOR MORE INFORMATION. Freehold Residential Investment For Sale - Current gross income £109,740 per annum

Location
Nottingham is a major provincial city in the East Midlands with substantial interests in retail, manufacturing, education, call centres, offices, warehousing and distribution. Nottingham City has a population of circa 275,000 persons, 90,000 students, a leisure catchment of 750,000+ together with a shopping catchment of approximately 2,000,000.
Beeston lies approximately 3 miles due west of Nottingham City Centre. It is one of the best three suburban trading centres within the Nottingham Conurbation, with many multiple retailers represented in the town centre. It is a prosperous residential area with a good socio-economic profile. It is one of Nottingham’s most highly regarded suburbs, close to The University of
Nottingham Campus and being home to Boots Global Headquarters, among other large businesses. This property situated is within easy walking distance of Beeston Town Centre where there are a number of high end local bars, restaurants and a range of retail and grocery shops.
This property is situated on the western side of Wollaton Road, adjacent to the Lidl Supermarket premises.

Property
The property comprises a purpose-built residential investment, erected in 2015 or thereabouts, with accommodation arranged on lower ground, ground and first floors, adjacent to the Lidl Supermarket premises. The property benefits from 6 car parking spaces together with bicycle storage. This is a high quality building, finished to an excellent standard, as is evidenced from the attached photographs, with minimum maintenance costs. The ground floor consists of a 6-bedroom cluster HMO and at first floor level a 5-bedroom cluster HMO. The lower ground floor consists of a self-contained large flat with a single bedroom, kitchen and living area.

Income and Expenditure
This property has shown a steadily appreciation of income over the last few years and currently produces a gross figure of £109,740 per annum from July 2026. The current outgoings are £37,190 per annum which includes gas, electricity, water, Council Tax, broadband,
insurance, weekly cleaning, servicing, air conditioning, fire alarm and TV Licence.
The net income is £72,550 per annum. A breakdown of the detailed rents passing and the expenditure is available upon request.

Tenancies
A detailed Schedule of Tenancies is available upon request.

Investment Summary
This property is occupied by professional tenants and maintained to a high standard. The property benefits from low maintenance costs and has a minimum turnover of tenants with virtually no void periods. The full accommodation of the apartments, arranged over the 3 floors, has a total of 12 bedrooms, 11 shower rooms, 1 bathroom, 2 WCs, 3 Reception Rooms and
Landlord’s storage areas. The apartments are all offered fully furnished with bills included and a weekly communal clean to maintain a high standard. The accommodation is arranged in accordance with the attached plans.

Tenure
Freehold

EPC
Ground Floor – Band C/70 expiring 3rd July 2026
First Floor – Band C/76 expiring 13th Sepember 2028
Lower Ground Floor – Band D/68 expiring 3rd July 2026

Price
Offers invited at £1,100,000 to show a gross yield of
9.97% and a net yield of 6.59% before costs.

Disclaimer Note & Money Laundering Wb - These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.

Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.