Wallis Street, NOTTINGHAM, Nottinghamshire, NG6 0EP

Wallis Street, NOTTINGHAM, Nottinghamshire, NG6 0EP

£420,000
Mixed Use
Available
About this Property
Available
£420,000
Modern
Mixed Use
Description

A freehold mixed-use investment property comprising four residential units and eight commercial/storage units, currently generating an annual income of approximately £48,120, reflecting a gross yield of around 10.7%. The residential accommodation includes three two-bedroom flats and one one-bedroom mews flat, which is currently under-rented. The property features a secure, self-contained yard accessed via an archway beneath one of the residential flats, providing a discreet environment for tenants. The income breakdown includes: Flat 54A at £10,080 per annum, Flat 54B at £9,540 per annum, Flat 58 at £8,400 per annum, the mews flat at £2,820 per annum (under-rented), Units 1-3 at £3,900 per annum, Units 4-6 at £1,980 per annum (under-rented), and Units 7-8 at £11,400 per annum. The property is located on Wallis Street in Nottingham, Nottinghamshire, with established access rights via the archway.

Location
Map location for Wallis Street, NOTTINGHAM, Nottinghamshire, NG6 0EP
More Information
Freehold
Planning Authority
Nottingham LPA
Address History
23 Feb 2025Withdrawn Lot Bairstow Eves£125,000

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