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Freehold Residential Investment Opportunity, Notti, 42 Apartments, 111 The Ropewalk, Nottingham, NG1 5DJ
not specified / Land
Withdrawn - Last updated: 16 August 2023
The property (completed in 2006) comprises a substantial part new build, part converted freehold apartment block. The building contains 48 x1 and 2 bedroom apartments including a range of penthouse and duplex apartments. There are a total of 48 car parking spaces, the majority of which are situated within a secure private basement.
- A rare opportunity to acquire a strategic, high quality freehold apartment building
- 48 x 1 and 2 bedroom apartments (6 sold long leasehold)
- Current gross rental income of £390,900 per annum
- Strong letting profile (currently 95% left)
- Excellent 'break up' potential with strong demand from owner occupiers likely
- Unconditional offers in excess of £4.5 million are invited for the freehold interest
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