An excellent opportunity to acquire a freehold investment comprising a substantial end-of-terrace property arranged as three self-contained one-bedroom flats, all fully let and producing a combined income of £26,400 per annum. This income-producing freehold block delivers a gross yield of approximately 11.7% based on the guide price, offering investors strong immediate returns alongside long-term growth potential. Each flat provides well-proportioned accommodation ideally suited to the professional rental market, supporting consistent occupancy and reliable income.
The property is located on Woodborough Road, a popular and well-connected residential area approximately one mile from Nottingham city centre. The location is highly attractive to tenants due to its proximity to Nottingham Trent University, major employers, and a wide range of shops, amenities and transport links, ensuring continued rental demand and long-term investment security.
Each flat is held on its own long lease, with approximately 159 to 161 years remaining unexpired, providing excellent asset security and future flexibility. This structure offers potential for future refinancing or individual resale, subject to lender approval and consents, allowing investors to maximise value over time.
Freehold blocks of flats in established Nottingham locations offering strong yields and immediate income are increasingly sought after.
