For Sale - Propex

Residential I Nottingham, NG2 6BA
Investment
For Sale
Excellent well located residential investment
Currently producing £46,440 per annum
Photographs of similar properties
52 Stratford Road
West Bridgford
Nottingham
NG2 6BA
+ Well located residential investment
+ Situated close to West Bridgford Town Centre
+ Scope for refurbishment/improvement
+ Self contained block
+ Let on 10 furnished tenancies
+ Offers invited at £425,000 to show 10.92% gross
Visit our website www.fhp.co.uk
0115 950 7577
Fisher Hargreaves Proctor I 10 Oxford Street Nottingham NG1 5BG

Residential I Nottingham, NG2 6BA
Investment
52 Stratford Road, West Bridgford, Nottingham, NG2 6BA
+ Location
West Bridgford is a prosperous, mixed
suburban area located 2 miles south of
Nottingham City Centre and close to the
world famous Nottingham Trent Bridge
Cricket Ground and Nottingham Forest
Football Ground.
West Bridgford Town Centre is now a
vibrant centre providing a mixture of
retail, leisure and restaurant facilities.
The property is situated on the western
side of Stratford Road, close to the main
car parks on Bridgford Road, the
Cooperative Supermarket and other car
parking facilities.
The surrounding properties are all
occupied for residential use. The
property is within easy walking distance
of the town centre.
+ The Property
The property comprises a period
building, the original part of which was
erected approximately 80/90 years ago
and was subsequently extended. The
property occupies a triangular shaped
site in accordance with the attached
location plan.
The property is of 9 inch brick
construction and has a pitched slate
and tile roof. The front elevation of
Stratford Road is finished with cement
and sand rendering.
+ Accommodation
The property comprises 10 furnished
apartments consisting of 3 studio
apartments, 4 studios with separate
bedrooms, 1 studio ensuite, 1 studio
with a large separate bedroom and 1, 2
bedroomed flat.
+ Income
The property produces a gross income
of £46,440 per annum. The rents on
the various apartments range from
£360 pcm for studio apartments to
£550 pcm for the 2 bedroomed flat.
+ Outgoings
On the basis of the information
provided to us the current outgoings
excluding management and voids total
£11,000 per annum.
+ Purchase Price
Offers are invited at a figure of:-
£425,000
To show a gross return of 10.92%.
+ Costs
Each side to be responsible for their
own costs.
+ VAT
The property is VAT exempt.
Interested? Call
For further information or to arrange to view please contact:
Noel D. Roper T: 01158 411 132 l M: 07711 211 511 l E: noel@fhp.co.uk
FHP Property Consultants Ltd I www.fhp.co.uk 10 Oxford Street Nottingham NG1 5BG
Property Misdescriptions Act 1991… All statements contained within this brochure have been provided in good faith and are understood to be correct. Accuracy in respect of all statements cannot be guaranteed as we rely on information provided and they do not form part of any contract or warranty and accordingly: 1)
Dimensions, distances and floor areas are approximate and given for guidance purposes only. Potential purchasers should satisfy themselves as to the validity of the guide figures given. 2) Information on tenure of vacancies is provided in good faith and prospective purchasers should have this information verified by their solicitors prior to purchase. 3) Information
on rating assessments, availability of services and Town and Country planning matters have been obtained by an oral enquiry to the appropriate planning authority. Fisher Hargreaves Proctor do not warrant that there are no connection charges Inherent in the availability of services to the unit. Prospective purchasers should obtain written confirmation prior to
entering into any contract for purchase or lease. 4) Detailed tests have not been undertaken on services, central heating installations, plumbing installations, electrical installations, etc. and purchasers/lessees should undertake independent tests as to the condition of all services and mechanical engineering installations. 5) All guide price and rental figures are quoted
exclusive of VAT unless expressly stated to the contrary. FHP 06/09. E&OE.