Summary - Flat 3, 7 Mapperley Park Drive NG3 5BX
3 bed 3 bath Semi-Detached
Large Victorian block with communal garden and off-street parking, ideal for investors.
Three self-contained one-bed flats providing immediate rental units
A substantial Victorian semi that already operates as three self-contained flats, offering immediate rental income and portfolio growth in sought-after Mapperley Park. Each flat is one bedroom with living room, fitted kitchen and three-piece bathroom; Flat 3 includes a bay-fronted living room with original fireplace and hardwood floors. The building sits in a conservation area and benefits from a communal garden and off-street parking.
Practical strengths include a very long lease (989 years), mains gas central heating with a boiler and radiators, double glazing (installed before 2002) and fast broadband/mobile signal — useful for lettings to students, young professionals and migrant families who form the local demand. The location has good transport links to the city centre and a wide range of nearby amenities, plus several ‘Good’ rated primary and secondary schools.
Considerations for buyers: the property is leasehold (price reflects leasehold tenure) and sits in an area with higher deprivation indices and average crime levels, factors that can influence rental rates and tenant mix. The double glazing is older, and communal areas show a more utilitarian, safety-focussed finish, which may need aesthetic upgrading if targeting higher-end tenants. Management and maintenance of three separate tenancies will require active oversight.
For an investor seeking immediate income and long-term capital growth in a conservation-area location, this block offers scale, decent tenant demand locally, and low lease risk. Buyers wanting a single-family home would need to consider conversion or look elsewhere; for buy-to-let portfolios, the property is ready to let with modest cosmetic and communal-area improvements recommended.
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