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Radford Road, Nottingham, NG7 7EA

Key features

  • Former Mill Premises
  • Student Development Opportunity
  • Opportunity for Private Resi STP
  • Planning Ref 23/02055/PFUL3
  • 71 Units with 136 Rooms
  • Full Planning Granted
  • Mix of Conversion and New Build
  • Section 106 will be dealt with upon sale

Description

Substantial former commercial premises and site with Full Planning granted for conversion and new build to create 71 units with 136 rooms.

The vendor will give consideration to offers submitted subject to obtaining a satisfactory planning consent to vary the existing permission from purpose-built student accommodation (PBSA) to a private residential rented sector (PRS) scheme. Interested parties seeking an alternative residential development approach are invited to submit proposals outlining their intended scheme, with the vendor willing to consider conditional offers subject to securing the necessary planning approvals and consents.

Situated in a prime location being just 1.5 miles from the NTU City Campus, 2.5 miles from the University of Nottingham Jubilee Campus and 3 miles from the Queens Medical Centre. A rare opportunity to acquire this prominent conversion/development opportunity with full planning enabling the purchaser to begin work immediately.

Based on the current planning the property will provide the following: Conversion and Extension of Mill
57 x studio rooms
3 x self-contained apartments
2 x 4 en-suite bedroom apartments
5 en-suite bedroom town house
New Build Development
6 en-suite bedroom duplex accommodation
6 x 9 en-suite bedroom town houses
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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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Radford Road, Nottingham, NG7 7EA

Approximate location

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Affordability

Monthly repayments£10,030
Property: £ 2,000,000
Deposit: £ 200,000
Interest rate: 5.33%
Term: 30 years
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About Lester & Bingley Ltd, Mansfield

Unit 2a Sherwood Oaks Close, Mansfield, NG18 4TB

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Disclaimer - Property reference 709911. 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 Ltd, 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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