Summary - 7, Ford Street, NOTTINGHAM NG7 7BD
2 bed 1 bath Terraced
Blank canvas near hospitals and tram links for quick refurbishment.
Freehold Victorian mid-terrace with bay window character
A large mid-terrace Victorian property offered freehold and sold at auction, presented as a stripped-out canvas for refurbishment. The house includes two generous double bedrooms, a loft room accessed by a private staircase, two reception rooms, cellar and a small enclosed rear garden. EPC rating E and council tax band A are noted.
This property is best suited to investors or developers seeking a near-city rental or resale project; its proximity to City Hospital, QMC and tram/Medilink routes is a clear commuter and tenant draw. The layout offers flexible rooming — lounge, dining room, cellar storage and loft — allowing conversion possibilities for higher rental yield or modern family accommodation.
Material considerations are straightforward: the property needs renovation throughout, including the kitchen and general redecoration, and has solid brick walls likely without insulation. EPC E indicates energy upgrades will be required to improve efficiency. The location sits within a very deprived area with above-average crime levels, which should be factored into rental assumptions and insurance costs.
Sale will be by auction with contract exchange on sale. Buyers must allow for the auction deposit (10% min £5,000) and a buyers fee (1.2% min £1,500 inc VAT), and review the legal pack for any special conditions. The property’s stripped state reduces immediate tenant readiness but lowers acquisition cost and helps clear scope for value-adding works.
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