Summary - 146 NOTTINGHAM ROAD NOTTINGHAM NG7 7BA
15 bed 1 bath Semi-Detached
Immediate hands-off income from a housing-association tenancy in Nottingham.
£60,000 pa rent across three adjoining properties
A substantial, income-producing city-centre block offered as three adjoining Victorian semi-detached houses, currently delivering £60,000 per year. The portfolio is let to a reputable housing association on a five-year lease with four years remaining, providing an immediate, hands-off income stream and professional tenant responsibilities for day-to-day management and maintenance.
This freehold opportunity presents a high headline yield (around 9%) and strong rental security from an institutional tenant. Accommodation totals 15 bedrooms across the three properties, arranged over multiple storeys in traditional Victorian terraces. The buildings are compact in footprint with small rooms and a single shared bathroom reported for the combined asset.
Prospective buyers should note material constraints: only four years remain on the current lease, which can make mortgage finance difficult or unavailable; also the local area records above-average crime and high deprivation indices. The plot is small, and the houses are modest in internal size which limits alternative uses without significant refurbishment. Suitable investors will be those seeking immediate, passive rental income from a secure housing-association tenancy and who understand the re-financing and area risks involved.
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