This attractive freehold property presents an excellent investment opportunity, currently arranged as three self contained flats and offering immediate income potential in a well-established residential area. Positioned on Woodborough Road, the property is ideally suited to investors seeking a ready-made multi let asset with scope for strong returns, while also offering flexibility for future reconfiguration or owner-occupation if desired.
Situated within easy reach of Nottingham city centre, the property enjoys a highly convenient location popular with tenants, including young professionals and students. Woodborough Road provides direct access to a range of local amenities, shops, and transport links, while nearby universities and employment hubs continue to drive consistent rental demand in the area.
Based on current market conditions, the three flats are estimated to generate between £700 and £800 per calendar month each, equating to a total potential monthly income of approximately £2,100 to £2,400. This reflects an attractive gross yield in the region of 10% to 11.5%, making it a compelling proposition for investors seeking both income and growth.