Investment For Sale 228 Cinderhill Road, Bulwell, Nottingham

228 Cinderhill Road, Bulwell, Nottingham, Nottinghamshire, NG6 8SB

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 Road opposite the Headstocks Public House. Cinderhill Road 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.

18 bed HMO in 0.17 acre site with ample parking. Fully Let producing £97k 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. Apartment A1 and the kitchens have recently been refurbished.

Areas have been taken from architect plans.

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.

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

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

Freehold

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

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

B(40)

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.