Investment For Sale 228 Cinderhill Road, Bulwell, Nottingham

NG6 8SB

£700,000 offers in excess of (please check the VAT status)

3,798 Sq Ft (352.8 Sq M)

External

Key features for HMO in NG6 8SB

  • Sale: £700,000 offers in excess of (please check the VAT status)
  • 3,798 Sq Ft (352.8 Sq M)

  • 18 bed HMO
  • Producing £93,000 pa Gross (inclusive of costs)
  • 0.19 acre site fully hard surfaced for parking
  • Situated opposite Headstocks Public House
  • Adjacent bus stop
  • Fully let on AST's
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Where is the Investment located?

Bulwell is a market town 3 miles south-west of Hucknall and 4 miles north of Nottingham.

The HMO for sale is situated on Cinderhill opposite the Headstocks Public House. Cinderhill is a prominently residential street which connects with the A610 0.2 miles to the south. Opposite the property is a bus stop providing regular public transport link.

Description

18 bed HMO in 0.17 acre site with ample parking. Fully let producing £93k per annum inclusive of running costs.

Each room has its own WC and shower room and generally benefits from laminate floor coverings, electric heating and LED lights. There are two shared kitchens per floor. A1 and the kitchens have recently been refurbished.

How has the accommodation been measured?

Areas have been taken from architect plans.

Planning

We understand the property has an established HMO use (Sui Generis) under The Town and Country Planning (Use Classes) order as amended. By way of a permission referenced 18/01367/PFUL3 consent was granted for the conversion of the ground floor into 6 self contained studio flats. This was not implemented and lapsed January 2022. All parties should confirm the planning position with the relevant Local Authority.

Services

All mains services with the exception of gas are connected to the property.

What is the Rateable Value?

The property has 6 Council Tax assessments, each banded A.

How is the accommodation offered?

Freehold

The semi-detached 18 bed HMO available freehold subject to existing AST's. The landlord is responsible for the running costs.

Price

£700,000 offers in excess of. All figures are quoted exclusive of VAT, we are advised the property is not registered for VAT.

EPC

B(40)

What are the viewing arrangements

Please contact us or visit the OMEETO website for full details and a virtual tour. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.

Anti-Money Laundering (AML)

Any offer accepted is subject to completing AML checks.

Paper Copying Licence

100062569

Note

Plans, maps and drawings are not to scale.

Particulars Updated

17-May-2024

Omeeto

Please check our website for a suite of photos, videos and virtual tour. Users can also access various property documents.

Site A1

Important Notice

  1. Omeeto 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 by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.

Map showing location of property

Important Notice

  1. Omeeto 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 by word of mouth or in writing.
  2. These particulars do not form part of any offer or contract and “information” must not be relied upon as statements, representations or facts.
  3. All measurements, areas and distances are approximate and for guidance. All descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents. Services, equipment and facilities etc have not been tested. Any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
  4. Photos, video’s, virtual tours etc show only certain parts of the property as they appeared at the time of inspection.

Map data ©OpenStreetMap contributors.

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