Block of apartments For Sale

Key Details

Property Description

Available is this mid terraced property that has been converted into three flats with fire doors fitted throughout and some tenants in situ.

To the ground floor there is a one bedroom flat with use of the garden space. To the first floor, there is a one bedroom flat with separate rooms individually accessed off a shared hallway with access to the second floor flat through a locked door located within the shared hallway. To the second floor there is a studio flat with a kitchenette and shower room.

All properties require a parking permit for the on street parking located at the front of the property, paid for by the tenant and supplied by Nottingham City Council. This is a fantastic investment opportunity with the flats currently generating approximately �15,000 per annum with rents that could be increased.

This property is being sold with the benefit of no onward chain and is recommended that prospective buyers take an internal viewing.

The property is classed as HMO but does not need a license, only a periodic inspection by Erewash Borough Council where the owner is required to supply gas safety Inspection Certificates where applicable, electrical safety certificates, confirmation of Fire Alarm and emergency lighting inspection and maintenance visits.

All smoke and heat detectors and emergency lighting and alarm sirens are hard wired. The property benefits from electric heating throughout.

Located in the popular residential town of Long Eaton, close to and within walking distance to a wide range of local schools, shops and parks with supermarkets and healthcare facilities on the doorstep.

There are fantastic transport links including nearby bus stops and easy access to major road links such as the M1, A50 and A52 to both Nottingham and Derby with East Midlands Airport and local train stations just a short drive away.

• Location