
8 Apartment Portfolio, The Axis, Wollaton Street, Nottingham

- PROPERTY TYPE
Apartment
- BEDROOMS
16
- BATHROOMS
16
- SIZE
6,245 sq ft
580 sq m
Key features
- Eight Apartments: Rare opportunity to acquire eight properties within one development.
- Fully Occupied: All eight apartments are currently occupied and income producing, £144,000 per annum
- Established Portfolio: Acquire an existing investment rather than assembling units individually.
- Single Development: Consolidated location helps simplify ongoing management and maintenance.
- Company Purchase Option: Opportunity to potentially acquire the limited company holding the portfoli
- Potential Tax Saving: Company acquisition may offer substantial tax efficiencies, subject to advice.
- Modern Accommodation: Contemporary apartments designed to appeal to the city rental market.
- Central NG1 Location: Positioned amongst Nottingham's main employment and leisure amenities.
- Close to NTU: Convenient for Nottingham Trent University and graduate rental demand.
- Eight Allocated Spaces: One dedicated parking space per apartment, adding strong city-centre tenant
Description
All eight apartments are currently occupied, providing an incoming purchaser with an established portfolio and rental income already being generated across the entire holding. This makes the sale particularly well suited to investors seeking an immediate investment rather than acquiring individual vacant apartments and arranging separate lettings following completion. A further major benefit is the inclusion of eight allocated parking spaces, effectively providing one parking space per apartment. For a city-centre portfolio, this is a particularly valuable feature and adds another point of difference for prospective tenants, especially professionals who require convenient parking alongside central access.
The portfolio is especially attractive due to all eight properties being positioned within the same development, allowing an investor to build a substantial holding in one building. From an ongoing management perspective, this provides clear practical benefits, with inspections, maintenance, contractor access and general portfolio management concentrated within a single location. The apartments provide modern city-centre accommodation with layouts designed around contemporary living. Across the portfolio are well-proportioned bedrooms, open-plan kitchen and living areas, modern bathroom facilities and, within selected apartments, private balconies providing elevated views across Nottingham.
Several of the properties offer distinctive duplex accommodation, with bedroom and bathroom facilities arranged separately from generous open-plan living areas. This creates a more substantial feeling of space than is often associated with traditional city-centre apartments and offers practical separation between living and sleeping accommodation. The kitchens are finished in a contemporary style with fitted cabinetry, contrasting work surfaces and integrated appliances, while the principal living areas provide generous space for both lounge and dining furniture. Large areas of glazing across a number of the apartments allow excellent natural light and complement the elevated position within the development.
Bedrooms are generally well proportioned and suitable for the professional, graduate and city-centre rental markets. Certain apartments also benefit from both a main bathroom and an additional shower room, providing a particularly useful arrangement for couples and professional sharers. The inclusion of eight allocated parking spaces across the portfolio further strengthens the investment proposition. Parking is often at a premium within Nottingham city centre, so having dedicated spaces attached to the apartments can support tenant appeal and help differentiate the properties from competing rental stock. A further important feature of the portfolio is the potential opportunity to acquire the limited company which owns the eight apartments, rather than purchasing each property individually. Depending on the purchaser's circumstances and the structure of the transaction, a company share purchase could offer significant potential savings in acquisition taxes compared with a direct purchase of eight properties. Any purchaser considering this route should obtain independent legal, accounting and specialist tax advice before proceeding.
With 100% occupancy across all eight apartments, the portfolio provides an established rental proposition from the outset. The combination of multiple properties within one building, existing tenants, eight allocated parking spaces, modern accommodation and a prominent Nottingham city-centre position creates an unusual opportunity for an investor seeking to acquire a sizeable portfolio in a single transaction.
Rather than assembling eight individual investments over time, the purchaser has the opportunity to secure an established holding within The Axis immediately, with the additional benefits of full occupancy and dedicated parking across the portfolio.
LOCATION SUMMARY The Axis occupies a prominent position on Wollaton Street in Nottingham city centre, placing the portfolio within easy reach of the city's principal employment, education, retail, leisure and transport facilities.
The development is particularly well positioned for Nottingham Trent University's City Campus, supporting demand from students, graduates and young professionals, while Nottingham's wider city centre provides a substantial employment base across professional services, retail, hospitality, education and numerous other sectors.
Residents have an extensive choice of shops, supermarkets, cafés, restaurants, bars and entertainment facilities within walking distance, making the location particularly convenient for tenants who want to live and work centrally.
Public transport connections are another significant advantage, with Nottingham's tram and bus networks readily accessible and Nottingham Railway Station providing wider regional and national connections.
For an investment portfolio, the central setting helps support a broad potential tenant base rather than relying on one specific type of occupier. Access to employment, universities, transport and everyday amenities all contribute to the continued appeal of the location for city-centre renters.
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DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.
Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.
Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.
- 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: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street,Allocated
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- 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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