Substantial property located on Derby Road in Lenton. Consisting of a ground floor 2 bedroom flat and a 5 bedroom HMO situated on the 1st and 2nd floors.
Flat 1 (2 Bed)
2 bedroom flat let to residential tenant. Potential for rental uplift to ~£1,300 PCM if renovated and rented to students.
Current rent: £500 PCM on monthly rolling AST
EPC: D
Council Tax Band: A
Flat 2 (5 Bed HMO)
5 Bedroom student HMO let for the 22-23 & 23-24 academic years
Rent 22-23: £35,620 PA (Inclusive of bills G,W,E,BB)
£22 pppw allowance made for bills
Rent 23-24: £38,480 PA (Inclusive of bills G,W,E,BB)
£30 pppw allowance made for bills
EPC: D
Council Tax Band: A
Tomlinson Estates currently manage this property
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY
