1A & 1B Peveril Street, Nottingham, Nottingham City

Two Fully Let Properties | 9 Bedrooms | £57,200 Combined Annual Income | Freehold

National Residential are delighted to offer this rare opportunity to acquire two fully let investment properties, providing a total of nine letting bedrooms and held together under one freehold title.

The investment combines a five-bedroom property leased to a care provider with a four-bedroom student property fully let for the 2026/27 academic year. Together, the properties generate a substantial combined gross rental income of £57,200 per annum, providing investors with two established income streams from one freehold investment.

COMBINED INVESTMENT OVERVIEW
• Two separate properties held under one freehold title
• Nine letting bedrooms in total
• Both properties fully let
• Combined monthly income: Approximately £4,766
• Combined annual income: £57,200
• Two distinct rental arrangements
• Council tax band: A for each property
• Established Nottingham rental location

1A PEVERIL STREET | FIVE-BEDROOM INVESTMENT
Annual Income: £33,000
Occupancy: Fully let to a care provider
Lease: Three-year lease arrangement
Layout: Arranged over three floors
This substantial five-bedroom property is fully let to a care provider, generating £33,000 per annum under a three-year lease arrangement.
The accommodation comprises five generously sized double bedrooms, including one with a private en-suite shower room.
Each bedroom is furnished with:
• Double bed and mattress
• Wardrobe
• Study desk and chair
• Bedside table
• Chest of drawers
There are two shower rooms in total, comprising one private en-suite and one shared shower room, each fitted with a walk-in shower, WC and wash hand basin.
The property also benefits from an open-plan kitchen and living area. The kitchen incorporates a range of wall and base storage units, hob, oven, fridge-freezer and washing machine.
The lounge area provides comfortable communal space and includes sofas, a coffee table and wall-mounted television.

1B PEVERIL STREET | FOUR-BEDROOM STUDENT INVESTMENT
Annual Income: £24,200
Occupancy: Fully let for the 2026/27 academic year
Layout: Arranged over two floors
The second property is a well-configured four-bedroom student house, already fully let for the 2026/27 academic year and generating £24,200 per annum.
Accommodation includes:
• Four generously sized bedrooms
• Two bedrooms with private en-suite facilities
• Main shared bathroom
• Three bathrooms in total
• Open-plan living and dining area
• Modern fitted kitchen
• Practical communal accommodation
The combination of two en-suite bedrooms, a main bathroom and generous communal space makes the property particularly well suited to shared student occupation.

ESTABLISHED NOTTINGHAM RENTAL LOCATION
The properties occupy a convenient position on the outskirts of Nottingham City Centre, within an established rental area popular with students and offering excellent access to major universities, employment centres and everyday amenities.
Nottingham Trent University is within walking distance, while regular tram and bus services provide convenient connections to the University of Nottingham, Queen’s Medical Centre, Clifton Campus and Nottingham City Centre.
Shops and everyday amenities are readily available nearby, with further retail and leisure facilities at Castle Retail Park, including Aldi, The Gym, The Range and B&M. Forest Recreation Ground is also within easy reach.

WHY THIS INVESTMENT STANDS OUT
• Fully Let – Both properties have income-producing arrangements already in place
• £57,200 Combined Annual Income – Providing substantial rental income from two properties
• Two Income Streams – Combining care-provider accommodation with an established student letting
• Nine Letting Bedrooms – Five bedrooms within 1A and four bedrooms within 1B
• Three-Year Care-Provider Lease – 1A generates £33,000 per annum
• Student Tenancy Secured – 1B is fully let for the 2026/27 academic year at £24,200 per annum
• En-Suite Facilities – Three bedrooms benefit from private en-suite facilities across the two properties
• Strong Communal Accommodation – Both properties provide dedicated shared living areas
• Freehold Investment – Two separate properties held together under one title
• Established Rental Location – Conveniently positioned for Nottingham’s universities, QMC and City Centre

INVESTOR SUMMARY
This substantial Nottingham investment combines immediate rental income with two distinct and established rental arrangements.
With both properties fully let, nine bedrooms in total and a combined annual income of £57,200, the investment offers an excellent opportunity to acquire two income-producing properties together.
Its established rental location, access to Nottingham’s universities and the diversity provided by care-provider and student occupation make this a compelling opportunity for serious property investors.

Viewings are highly recommended. For further information or to arrange an appointment, please contact our dedicated specialist sales advisor.

This property is ONLY available for purchasers who are NOT in a chain.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.