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House For Sale £1,000,000
Redbourne Drive, Nottingham NG8


Description
The portfolio consists of 2 x detached blocks, each consisting of 4 flats and 1 x semi-detached block of 2 flats and 5 garages. The sale is the freehold land edged in red totaling in the region of 0.75 acres, but excluding the blocks tinted in black. Current Income £49,620 Per Annum. Huge potential to increase the rents which are currently ranging between £360pcm - £475pcm. Potential market rent £78,000 reflecting reversionary yield to erv’s of c.7.8%. Low capital value of c. £143 per square foot.

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