21 bed flat for sale

The Edge, Bar Lane, Nottingham NG6

The Edge, NG6. £1.5M Freehold | £90K+ Income | 8.7% Yield | Fully Let until 2034 with Indexed Uplift.

£1.5M Freehold | £90K+ Annual Income | 8.7% Yield | Fully Let to 2034 with Built-In Growth

The Edge Apartments, 1–12 The Edge, 10 Bar Lane, Nottingham, NG6 0HU

An outstanding opportunity to acquire a fully let, high-yielding freehold apartment block generating over £90,000 per annum in rental income. Comprising 12 self-contained flats (10 x two-bedroom and 2 x one-bedroom units), the property is let in its entirety to Bespoke Supportive Tenancies Ltd (best) – a national social housing provider – on a long-term lease until July 2034.

The lease includes contractual annual rental uplifts from April 2026 onward, providing built-in growth and strong income security for investors. The lease is held on Full Repairing and Insuring (Fri) terms, with all maintenance and internal management responsibilities covered by the tenant – offering a truly hands-off investment.

The block is in good condition throughout and requires no capital expenditure. There is also an additional £600 p.a. In income from ground rent and service charges paid by a commercial unit (carpet shop) beneath the building, which is separately owned.

Located in Nottingham's NG6 area, Bar Lane offers strong public transport links, good local amenities, and continued demand for supported housing schemes.
Investment Highlights
12 self-contained flats: 10 x 2-bed, 2 x 1-bed

Let to best (Bespoke Supportive Tenancies Ltd) until July 2034

£90,278.88 p.a. Income, fixed to April 2026 then rising annually

Full Repairing & Insuring Lease – no maintenance or landlord responsibilities

Freehold including £600 p.a. From commercial ground floor (carpet shop)

Approx. 8.7% gross yield based on asking price

Modern, well-maintained block in good structural and decorative condition

Annual building insurance ~£1,700

Stable national housing provider as long-term tenant

Excellent income security with fixed index-linked growth

These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have not been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.

Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. Passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.