£950,000

Havana House, Broomhill Road, Hucknall, Nottingham

Havana House, Broomhill Road, Hucknall, Nottingham
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Havana House, Broomhill Road, Hucknall, Nottingham
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    ** RESIDENTIAL INVESTMENT PROPERTY FOR SALE **

    • For Sale as a whole (may split)
    • Full Rental Value £125,580 pa
    • Gross FRV Yield 13.2%
    • Freehold
    • Rents Inclusive of Utilities
    • Located Conveniently to J26 and J27 of M1 and Nott
    • On main bus routes close to tram station
    • 24 Individual Rooms over 4 Flats

    Sales ProposalOur Client is offering the freehold interest for sale containing 4 no. flats as a whole (may split)

    DescriptionA former Nursing home converted in 2015 to 4 no. flats each with en-suite bathrooms and communal kitchen and/or dining room. There are a total of 24 lettable rooms.Full occupancy has been enjoyed over the last 2 years.

    Outside there are communal parking spaces, grassed areas and bike store.

    TenureThe tenure is freehold, however the flats can also be purchased individually with the benefit of new 125 year leases at a ground rent of £300 p.a. each.

    Schedule of Accommodation and Rental ValuesThe rooms are currently being let on an individual basis on a minimum 6 month AST (Assured Shorthold Tenancy). There is potential to increase the Full Rental Value by letting to dual tenants.

    PlansConsented floor plans are available although interested parties should satisfy themselves as to the layout of the ‘as built’ accommodation.

    ManagementThe individual flats/rooms are let & managed by ZEBRAlets of Mansfield (01623 421 300) and the common parts managed by Walton & Allen of Nottingham (0115 924 3304).

    LocationHavana House is very well positioned for the M1 motorways at J26 to the south west and J27 to the north west. It is just 0.5 miles south of Hucknall and 7 miles north of Nottingham.

    Viewing/Further informationStrictly by appointment with Mark Batty of Walton and Allen.
    Tel: 0115 924 3304
    Mark@waltonandallen.co.uk

    Property to sell?If you are selling a property, or even considering selling, now or in the near future Walton & Allen estate agents would be delighted to visit your property to offer a FREE PROPERTY VALUATION. We are a family run fully independent estate agent with branches in Nottingham, Arnold and Hucknall. CALL US TODAY!

    Note: The pin shows the centre of the property's postcode, and does not pinpoint the exact address

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    Estate Agents Nottingham

    The Pavilion, 1 Lace Market Square, Nottingham, NG1 1PB

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