Freehold as one offers £950k – 10.5% return.
A freehold investment of some significance set in a prominent elevated position opposite a bus stop and a short walk from the Hucknall to Nottingham tram service and the centre of the town. The property has been specifically adapted from a former care home to create 4 self contained flats between them with 19 en suite rooms and 5 studios producing an annual rent of £126,880 before expenses (net £101,000 after all costs).
or Flat 1 offers £255k @8% return, Flat 2 offers £185k @ 8% return, Flat 3 offers £225k @ 8% and Flat 4 offers £440k @8% return – all leasehold 999 yrs.
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