- Portfolio of all two bedroom apartments within The Lambs Building +
- Fantastic views overlooking the Market Square +
- Obtaining an annual rent roll of £72,000 +
- Gross Rental Yield 7.5% +
Portfolio of all two bedroom apartments within The Lambs Building comprising four units. Fantastic views overlooking the Market Square and obtaining an annual rent roll of £72,000.
Fantastic opportunity to own all two bedroom apartments within a building in the heart of The Nottingham City Centre. All flats are currently occupied until August & September 2025 and will be sold furnished. All apartments have bee successfully let from 2018 for the Academic Year(s).
4x 2 Bedroom Apartments overlooking Market Square
Annual rent 72,000
Gross Rental Yield 7%
Income generating to Aug/Sept 2025
Leasehold 250 Years from 2018
Council Tax- D,D,D,C
EPC Rating - D,C,C,D
EICR Certificates Satisfactory
Selective Licences on all four granted.
Owned by one investor since purchase.
No parking.
Recently re-painted
Furnished apartments to a high standard with kitchen appliances included.
Service charge per property per year - £1514.36 ( £757.18 - 6 monthly)
Ground rent per property per year - £300
Unit 1 Rent Achieved - £1300
Unit 2 Rent Achieved - £1300
Unit 3 Rent Achieved - £1350
Unit 4 Rent Achieved - £1650
Fairview Estates offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
Disclaimer - Agents Disclaimer: Fairview Estates, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Fairview Estates have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.