Summary - Flat 3, 85 Nottingham Road NG7 7AJ
1 bed 1 bath Semi-Detached
High-yield freehold investment with immediate vacant possession and refurbishment potential.
- Sub-divided into three self-contained one-bedroom flats
- Potential combined gross income circa £23,000–£25,000 pa
- Freehold with immediate vacant possession
- Solid Victorian brick build with bay windows and high ceilings
- EPC rating D; energy improvements likely needed
- Small plot and elevated corner position with front garden
- High local crime rate; consider risk-adjusted lettings
- Auction sale: 10% deposit plus buyer’s fee and legal pack checks
A large extended Victorian semi on an elevated corner plot has been sub-divided into three self-contained one-bedroom flats, offered freehold with immediate vacant possession — a ready-to-let package for a buy-to-let portfolio. The property is uPVC double glazed and gas centrally heated throughout, and the agent estimates a combined gross rental income of circa £23,000–£25,000 per year, giving a very high theoretical yield against the guide price.
The accommodation is arranged over three floors with bay windows, high ceilings and period character that will appeal to renters seeking space and period features. Each flat is Council Tax Band A. The building is solid brick (circa 1900–1929) and presents clear potential for rental optimisation, refurbishment, or continued hands-off tenancy management once let.
Buyers should note material facts: the EPC is listed as D, the area records a high local crime rate, and the masonry is assumed to have no cavity insulation. The plot is small and outside maintenance or retrofit improvement costs (insulation, modernisation) could be required to improve energy performance and long-term rents.
This sale will be by auction (29 Oct 2025). Bidders must be prepared for a binding contract on the fall of the hammer, a 10% deposit (minimum £5,000) and a buyer’s fee (1.2% subject to minimum). Read the legal pack for any additional charges and the reserve details before bidding.
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