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Alfreton Road, Nottingham, Nottinghamshire, NG7

Offers in Region of
£180,000
Reduced on 03/11/2020
Oak Property Consultants, Nottingham
PROPERTY TYPE
House of Multiple Occupation
BEDROOMS
x3

Property description

Tenure: Leasehold, 112 years remaining

Location

The property is located at the junction of Wood Street and Alfreton Road approximately 1/2 mile from Nottingham city centre and Nottingham Trent University.
Surrounding uses are a mixture of commercial and residential uses with the area being popular with students.

Description

The property is part of a former pub that was converted to provide 4 self contained flats. The building is of traditional brick construction under a pitched tiled roof with accommodation over the ground, first and second floor.

Floor plans are set out overleaf with full dimensions. The property is let furnished and all landlords' fixtures and fittings will be included in the sale.

Rental

The property has been let for the 2020/21 academic year at £95 per person per week on the basis of a 48 week letting. The gross rent for the current academic year is £13,680. The property is also let for the 2021/22 academic year at a renal of £105 per person per week producing a gross rental of £15,120. Both tenancies are on an inclusive of bills basis.


Tenure

The property is held via a 125 year lease from 2007 with a ground rent of £200 per annum being paid. In addition a service charge of £95 per month is charged.

Price

Offers in the region of £180,000 is sought for the long leasehold interest subject to the tenancy detailed above.

HMO Licence

The property has the benefit of an HMO Licence and further details are available from the agents.

Brochures

Brochure 1

Alfreton Road, Nottingham, Nottinghamshire, NG7

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • High School Tram Stop0.4 miles
  • Nottingham Trent University Tram Stop0.4 miles
  • Royal Centre Tram Stop0.6 miles
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About the agent

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

Oak Property Consultants, Nottingham
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Disclaimer - Property reference MC55Alfreton. 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 Oak Property Consultants, Nottingham. 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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