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Sherwood Rise, Nottingham

Key features

  • 6 self-contained 2-bedroom apartments, fully let and income producing
  • Current income £73,872 pa gross
  • Potential reversionary income £75,672 pa gross
  • Offers are invited at £1,100,000
  • Freehold for sale

Description

CONTACT FHP PROPERTY CONSULTANTS FOR MORE INFORMATION. Residential Investment For Sale together with adjacent Building Plot – PP granted for 3 x 3-Bed Apartments and Parking

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 and a shopping population of approximately 2,000,000.

Sherwood Rise is located about 1½ miles due north of Nottingham City Centre and runs north-westerly from its junction with Mansfield Road and Gregory Boulevard to connect with Nottingham Road and eventually Western Boulevard, part of the outer Nottingham ring road.
This property is situated approximately one-third of a mile north of the junction with Mansfield Road, and a return frontage to Alexandra Street and a southern boundary to Hamilton Road.
In the main the surrounding properties are occupied predominantly for residential use, although in previous years a number of properties along Hamilton Road were occupied for office purposes. Some still remain occupied for that use, but in a number of instances the sites/buildings have been redeveloped for residential purposes.

This is a very good residential location, conveniently situated for Nottingham City Centre and the other local amenities on Mansfield Road, a short 5 minutes walk.

Property
The property comprises a period building which has been renovated and extended by the current
owners 6 years ago and now provides 6 self contained 2-bedroom apartments. All 3 apartments
on the ground floor have the benefit of a self contained garden. In addition there is also a communal garden for the other 3 first floor flats. All the flats are fully let and income producing.
All flats are in excellent condition and have the benefit of electric space heating. They have fully
fitted kitchens and quality bathrooms.

EPCs
Each flat has a current EPC rating of E, expiring 19th February 2030.

Planning
Planning Consent was granted on 5th May 2026 (Application No: 26/00177/PFUL3 (PP-14651900) for the development of the land to the rear of 8 Sherwood Rise for 3 no. 3-bedroom apartments with access road and parking.

A copy of the full Planning Consent is available upon request.

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.

Brochures

11878 - 8 Sherwood Rise, Nottingham.pdf
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Energy performance certificate - ask agent

Sherwood Rise, Nottingham

Approximate location

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Affordability

Monthly repayments£5,516
Property: £ 1,100,000
Deposit: £ 110,000
Interest rate: 5.33%
Term: 30 years
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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
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About FHP Living, West Bridgford

23 Bridgford Road, West Bridgford, Nottingham, NG2 6AU

Proactive residential property consultants FHP Living is the residential division of Fisher Hargreaves Proctor Property Consultants, the East Midlands property advisor of the year. We are a vibrant, forward-thinking and proactive estate agency with a dedicated team of hard-working property professionals who focus on specific areas; each agent then becomes an expert with detailed knowledge for that area.

Notes

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Disclaimer - Property reference 34779588. 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 FHP Living, West Bridgford. 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.