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Freehold Residential Investment Opportunity, Notti, River Crescent, Waterside Way, Nottingham, NG2 4RE

not specified / Land

Withdrawn - Last updated: 16 August 2023

A rare opportunity to acquire a substantial landmark apartment scheme occupying an exclusive position on the banks of the River Trent just 0.5 of a mile north of West Bridgford and less than two miles east of Nottingham city centre.

- Multi award winning development with panoramic views of the River Trent
- 128 luxury apartments providing a mixture of 1 to 5 bedroom units (16 sold long leasehold)
- Current gross rental income of £1,416,790 per annum
- Opportunity to increase the gross rental income to circa £1,655,000 per annum
- Strong letting profile (currently 92% let)
- Excellent 'break up' potential with strong demand from owner occupiers likely
- Offers invited in excess of £18 million for the freehold interest


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