6 bed terraced house for sale

Hope Drive, The Park, Nottingham NG7

Guide price: £400,000-£450,000

gross yield (approximate only): 6.12% or 5.44% gross - based on £85 p/w × 6 beds × 48 weeks = £24,480 gross

Outstanding residential investment opportunity! A portfolio of three self-contained flats in Nottingham's prestigious The Park, offering a turn-key solution with an established track record and massive potential for income growth!

A rare chance to acquire a substantial three-storey terraced property, configured to three self-contained flats, in one of Nottingham's most exclusive and sought-after residential districts, The Park. The location is unparalleled - perfectly positioned minutes from the city centre's comprehensive amenities and benefitting from nearby transport links to Nottingham's university campuses. Each flat is thoughtfully laid out with two bedrooms, a kitchen, and a bathroom. This is an incredible opportunity for an investor to secure a prime asset with robust demand.

The portfolio is offered as a fully operational, turn-key investment, complete with white goods and furniture. It boasts an established and successful rental history, backed by consistently strong student demand for this premier location. The property is currently fully let at £85 per person per week (excluding bills), providing immediate income - including a mixture of students and private tenants. An excellent addition to any diversified portfolio.

Ready for immediate handover and with no upward chain, this is a rare, hassle-free investment in the heart of The Park. Early viewing is highly recommended.

Due to size and configuration, this address currently has 3 council tax bands and 3 valid EPC’s (all expiring 13th March 2029).

Flat 1 (Ground Floor - D 64) with a council tax band of A
Flat 2 (Mid Floor - D 67) with a council tax band of B
Flat 3 (Top Floor - C 69) with a council tax band of B

EPC Rating: D

Communal Hallway (1.88m x 1.59m)

Bedroom/Current Lounge (Ground Floor) (5.16m x 3.80m)

Bedroom (Ground Floor) (4.61m x 3.70m)

Breakfast Kitchen (Ground Floor) (5.72m x 2.65m)

Bathroom (Ground Floor) (2.38m x 1.63m)

Bedroom (First Floor) (5.15m x 3.77m)

Bedroom (First Floor) (4.61m x 3.67m)

Kitchen (First Floor) (3.48m x 2.66m)

Bathroom (First Floor) (2.50m x 2.29m)

Bedroom (Second Floor) (5.17m x 3.78m)

Bedroom (Second Floor) (4.63m x 3.69m)

Kitchen (Second Floor) (3.48m x 2.70m)

Bathroom (Second Floor) (2.59m x 2.50m)

Parking - Permit

Disclaimer

These particulars are produced in good faith and are set out as a general guide only. Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.

David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party company. David James Estate Agents receives the following commission from each third party supplier on a per referral basis:

All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average)
MoveWithUs Limited: £188 including VAT (average)