£550,000

(£229.84/sq. ft)

Property for sale
1, First Avenue, Sherwood Rise, Nottingham NG7

    • 2,393 sq. ft

Freehold
Added on 11/09/2026

About this property

  • Freehold block of 4 x 2 bed apartments

  • Producing gross income of £42,600 pa providing a 7.75% giy

  • Gated yard with 8 on-site car parking spaces

  • Within close proximity to the city centre bus routes and a wealth of amenities including Shell, Lidl and Co-Op

The property comprises a detached three storey brick building under a pitched slate roof. The accommodation is split over basement, ground and first floors which is accessed via an entrance foyer. Internally, the property provides 4 modern two-bedroom apartments which have been recently refurbished to provide attractive accomodation. Each apartment provides a large living/kitchen area, two bedrooms and a bathroom. Apartments 1 and 4 also benefit from en-suite bathrooms. The property benefits from a basement area, housing the meters and providing additional storage space.

The property provides good quality accommodation finished to the following specification: Carpeting and wood flooring, LED spotlights, gas fired central heating and external lighting. Externally, the property benefits from 8 dedicated car parking spaces, 6 within a gated rear car park and 2 spaces to the front of the property.

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Monthly repayment

£2,751 per month

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