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Residential Investment For Sale, 3 Claremont Gardens, Carrington, Nottingham, NG5 1BE

2,335 Sq Ft / Other / Residential

For Sale - £425,000.00

Under Offer - Last updated: 26 February 2023

The property comprises a semi-detached Edwardian style property erected probably at the turn of the century, with accommodation arranged on ground and two upper floors.

The ground floor consists of a very spacious garden flat with entrance hall, two large double bedrooms, lounge, fitted kitchen, bathroom with shower unit and separate WC.

On the first floor there are two self-contained flats. Flat 1 consists of living room, double bedroom, fitted kitchen, separate WC with shower unit and wash basin. Flat 2 is occupied as a bedsit with a living room/bedroom, separate kitchen units, bathroom with shower unit, wash basin and separate WC.

The second floor consists of a spacious flat with a large double bedroom and a spacious lounge adjacent to a kitchen/diner. There is a bathroom with wash basin, shower unit and WC.

All the properties benefit from separately metered services and full gas fired central heating.

The entrance to the three flats on the upper floors is via a communal side entrance as is evidenced from the photographs. To the rear of the property there is a separate outbuilding used as a communal washroom for the benefit of Flats 1 and 2. There is also a rear garden shared by all the tenants.


Nottingham is a major provincial city in the East Midlands with substantial interests in retail, manufacturing, education, call centres, offices, warehousing and distribution. Nottingham has a population of circa 275,000 persons, 90,000 students, a leisure catchment of 750,000 and a shopping population of approximately 2,000,000.

Claremont Gardens lies approximately 1½ miles north of the City Centre in the area known as Carrington which is an inner city area. It is situated at the end of a cul-desac off Fern Avenue which in turn is off Hucknall Road.

As elsewhere throughout the United Kingdom, Nottingham enjoys a buoyant lettings market for apartments such as the subject property.

This is a quiet location, but very convenient for Sherwood Rise and Nottingham City Centre.

The surrounding properties are occupied mainly for residential purposes, although there is the main Carrington Primary School located on Fern Avenue.

Over a period of years, a considerable number of properties have either been redeveloped, refurbished or upgraded within the area.


Flat 1, 3 Claremont Gardens - 41 sq m (441 sq ft)

Flat 2, 3 Claremont Gardens - 31 sq m (334 sq ft)

Flat 3, 3 Claremont Gardens - 67 sq m (721 sq ft)

Garden Flat, 3 Claremont Gardens - 78 sq m (839 sq ft)

Total - 217 sq m (2,335 sq ft)


Tenure - Freehold.

EPCs and ASTs - Copies of the EPCs and ASTs are available upon request.

Price - Offers are invited at £425,000 to show an initial yield of 6.63% before costs and a reversionary yield of 8.11%. 

VAT - VAT is not applicable to this sale.

Identity Checks - In order to comply with Anti-Money Laundering Legislation, any purchaser will be required to provide identification documents. The required documents will be confirmed to and requested from the successful purchaser at the appropriate time.

Legal Costs - Each side to be responsible for their own legal costs.


  • Four self-contained flats, one two-bedroom flat and three one-bedroom flats
  • Current Income £28,200 pa
  • Estimated Income £34,500 pa
  • Potential to upgrade
  • Offers invited at £425,000
  • Initial Yield 6.63%
  • Reversionary Yield 8.11%

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £425,000.00 NA

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Noel Roper

FHP Property Consultants

0115 882 1132

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