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4 Birkin Avenue, Radford, Nottingham, NG7 5AF

Lot no: 9 Withdrawn Post
 

Guide Price £175,000 plus fees


Thursday 16th March 2017

11.30am
Key Features
  • Mixed use investment property with HMO licence currently generating circa £25,800 p.a.
  • Ground floor retail unit and four lettable rooms above, three having en-suites
  • Convenient location in the heart of Radford
  • Ideal investment opportunity
  • EPC Rating: C & TBC
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Withdrawn Post

Mixed Use

Property Description:

DRAFT DETAILS

Situated within the heart of Radford within easy reach of Nottingham city centre is this mixed use three storey investment property with HMO licence. There is a ground floor retail unit, and four separate self-contained lettable rooms, three having en-suite facilities, which have been recently refurbished. We are led to believe that the rental income generates within the region of £25,800 gross per annum. The property has been partially inspected but we are led to believe there are two en-suite lettable rooms, two other lettable rooms and a separate bathroom. The property is close to local shops and amenities and there is plenty of passing trade, being approximately one mile from Nottingham city centre with excellent transport links. Ideal investment opportunity.

The accommodation comprises:

Ground Floor:
Downstairs Retail Shop Floor (believed currently let at £600pcm on a 5 year lease)

Having a metal roller shutter. This was not inspected.

Entrance to living accommodation:
Staircase to First Floor Landing
Entrance Hallway
Communal Bathroom

Having panelled bath, pedestal wash hand basin, low flush wc, obscure upvc double glazed window.

Communal Kitchen

11ft 5 x 7ft 9
With modern fitted range of wall mounted and base units, roll edge working surfaces, four ring gas hob, electric oven, single drainer sink unit, upvc double glazed window to rear aspect.

Letting Room One (believed currently let at £400 pcm)

13ft x 12ft
Having fitted kitchen area with single drainer sink unit, fitted cupboards, radiator, en-suite shower room with low flush wc, wash hand basin, two upvc double glazed window to front aspect.

Second Floor:

Landing
With radiator, upvc double glazed window.

Letting Room Two (believed currently let at £400 pcm)

Not inspected - we believe there are en-suite facilities in this room.

Letting Room Three (believed currently let at £350 pcm)

Not inspected - believed to be 11ft 5 x 7ft 9 and there are no en-suite facilities in this room.

Third Floor:
Attic Letting Room Four (believed currently let at £400 pcm)

13ft 5 x 6ft
With en-suite shower room having shower cubicle, wash hand basin, low flush wc. Kitchen area with single drainer sink unit, wall mounted and base units, radiator, upvc double glazed window to rear aspect.

Outside

Small rear yard.

Tenure:

Freehold. Subject to tenancy.