Versatile investment with immediate vacant possession and redevelopment scope.
23 bedrooms across four storeys with multiple en-suite rooms
A substantial four-storey freehold property in sought-after Sherwood offering 23 bedrooms, two self-contained flats and extensive communal areas. The ground floor has a large industrial kitchen, dining room and lounge spaces with direct access to an enclosed rear garden and off-street car park — layout suited to care, supported living or HMO operation (subject to planning).
The building is currently vacant but furnished, giving an investor immediate control and the ability to re-open as an operational facility or to refurbish and reconfigure. Many bedrooms have en-suite or private sink facilities; there are laundry, boiler and substantial storage rooms plus lift access, which support communal/residential use without extensive immediate structural works.
Material considerations are clear: continued use for care or multiple-occupancy will require the correct regulatory approvals and possibly updated compliance works. The property is in a deprived area with average local crime statistics, council tax banded high and broadband speeds listed as standard — factors that will influence lettings and operating costs. The building will suit buyers prepared to manage licensing, service-upgrade works and potential refurbishment to maximise income or redevelopment value.
For an investor or developer this is a rare footprint — large total floorspace, significant bedroom count, car parking and external space — that offers diverse routes to income (residential care, supported living, HMO) or conversion, subject to the necessary consents. Due diligence on licensing, structural and M&E condition is recommended before acquisition.
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