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8 bedroom Block of Apartments in Nottingham

16 - 18 Mansfield Road, Daybrook, Nottingham NG5 6AA

£365,000
Residential
About this Property
2025-04-24
365000
Traditional
Residential
Description

This block of flats is a great investment, currently bringing in a monthly income of £3,945 converting to a yield of 13% against the current guide.

The property is currently split into four one bedroomed flats and two, two bedroomed flats. Also a further flat to the ground level was previously used but has been out of use for some years. In brief the property comprises of a side entrance to flats 18a and 18c. To the front of the building allows access to flat 18a, 16 and 16a. To the right of the property there is a secure gated courtyard offering ample parking and the entrance to flat 16b and what use to be 16c.

The home is ideally located for amenities and great transport links into the surrounding areas such as Sherwood, Arnold, Mapperley and Nottingham City centre. This property is also a short talk from the City Hospital which also offers the Medi Link bus to the Queens Medical Centre making the home perfect for NHS workers.

Location
More Information
Freehold
Mansfield Road
Block of Apartments
Planing Authority
Gedling LPA
Sold Price History
24 Apr 2025Sold Lot SDL Property Auctions£365,000

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