8 Bed Semi-Detached House For Sale Gregory Boulevard, Nottingham, NG7

£275,000- Semi-Detached

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 23rd May 2024

Description

An opportunity to acquire a freehold four storey 8 bedroom semi-detached HMO located in the heart of Forest Fields. Part let and producing £36,000 pax\r
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For Sale by Public Auction on 20/06/2024 at Trent Bridge Cricket Ground\r
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£275,000+\r
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Freehold four storey 8 bedroom semi-detached HMO \r
Situated in a prominent position on Gregory Boulevard \r
Just off the busy Alfreton Road (A610)\r
A popular area for students & young professionals\r
Less than one mile from Nottingham University & NTU\r
A short walk to Castle Retail Park & local amenities \r
Excellent transport links to City Centre and surrounding areas\r
1.2 miles North West of Nottingham City Centre\r
GF: 2 x Bedrooms, communal kitchen & bathroom \r
FF: 3 x Bedrooms & a communal bathroom \r
SF: 3 x Bedrooms & a communal bathroom \r
LGF: Spacious communal living room \r
6 out of the 8 rooms are currently let\r
3 bedroom are let at £550 pcm totaling £1,650 pcm\r
3 bedroom are let at £450 pcm totaling £1,350 pcm\r
Combined income for 6 rooms of £3,000 pcm (£36,000 pax)\r
ERV when fully let of £4,000 pcm (£48,000 pax)\r
2 off street parking spaces and ample on street parking \r
Ideal investment opportunity \r
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Viewings\r
Contact Auction Estates on \r
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For further information please contact Auction Estates on
Agent Details
Auction Estates Limited
Archibald House, Cavendish Road, Carlton, Nottingham, NG4 3DZ

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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