Hope Drive, The Park, Nottingham
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
3
- SIZE
1,814 sq ft
169 sq m
- TENUREDescribes 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
- Substantial three-storey terraced house
- Three self-contained flats (each with two beds, kitchen and bathroom)
- Fully let at £85 per person per week (bills excluded). GROSS YIELD (APPROXIMATE ONLY): 5.44% gross — based on £85 p/w × 6 beds × 48 weeks = £24,480 gross
- Turn-key investment opportunity with white goods and furniture included
- Highly desirable location in Nottingham's prestigious The Park
- Ready for immediate handover, fully occupied and operational
- Minutes from the city centre's amenities with nearby transport links to Nottingham's university campuses
- Established rental history with strong student demand
- Excellent long-term investment with scope for future income growth
- Offered to the market with no upward chain
Description
GUIDE PRICE: £450,000
GROSS YIELD (APPROXIMATE ONLY): 5.44% gross — based on £85 p/w × 6 beds × 48 weeks = £24,480 gross
Outstanding residential investment opportunity! A portfolio of three self-contained flats in Nottingham's prestigious The Park, offering a turn-key solution with an established track record and massive potential for income growth!
A rare chance to acquire a substantial three-storey terraced property, configured to three self-contained flats, in one of Nottingham's most exclusive and sought-after residential districts, The Park. The location is unparalleled - perfectly positioned minutes from the city centre's comprehensive amenities and benefitting from nearby transport links to Nottingham's university campuses. Each flat is thoughtfully laid out with two bedrooms, a kitchen, and a bathroom. This is an incredible opportunity for an investor to secure a prime asset with robust demand.
The portfolio is offered as a fully operational, turn-key investment, complete with white goods and furniture. It boasts an established and successful rental history, backed by consistently strong student demand for this premier location. The property is currently fully let at £85 per person per week (excluding bills), providing immediate income - including a mixture of students and private tenants. An excellent addition to any diversified portfolio.
Ready for immediate handover and with no upward chain, this is a rare, hassle-free investment in the heart of The Park. Early viewing is highly recommended.
Communal Hallway
1.88m x 1.59m
Bedroom/Current Lounge (Ground Floor)
5.16m x 3.8m
Bedroom (Ground Floor)
4.61m x 3.7m
Breakfast Kitchen (Ground Floor)
5.72m x 2.65m
Bathroom (Ground Floor)
2.38m x 1.63m
Bedroom (First Floor)
5.15m x 3.77m
Bedroom (First Floor)
4.61m x 3.67m
Kitchen (First Floor)
3.48m x 2.66m
Bathroom (First Floor)
2.5m x 2.29m
Bedroom (Second Floor)
5.17m x 3.78m
Bedroom (Second Floor)
4.63m x 3.69m
Kitchen (Second Floor)
3.48m x 2.7m
Bathroom (Second Floor)
2.59m x 2.5m
Parking - Permit
Disclaimer
These particulars are produced in good faith and are set out as a general guide only. Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.
David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party company. David James Estate Agents receives the following commission from each third party supplier on a per referral basis:
All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average)
MoveWithUs Limited: £188 including VAT (average)
Brochures
Property InsightsProperty Brochure- 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.
- Permit
- GARDENA property has access to an outdoor space, which could be private or shared.
- Patio
- 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
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Hope Drive, The Park, Nottingham
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About David James Estate Agents, Arnold
100 Front Street, Arnold, Nottingham, NG5 7EJ
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Visit our security centre to find out moreDisclaimer - Property reference d03373e7-ac74-41c7-b8c1-18adca69506d. 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 David James Estate Agents, Arnold. 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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