9 bed detached house for sale

Redcliffe Road, Nottingham NG3

Freehold Block + Coach House | £60,000+ pa Income | oiro £900,000

Attractive freehold investment comprising a separate 3-bedroom Coach House and three self-contained apartments, with further development potential. Current rent roll approx. £60,000 pa, with scope to increase via refurb, rent re-alignment, and possible conversion of the unutilised basement and large front car park (STP). Mix of ASTs and Airbnb units. Prime location close to Nottingham city centre with excellent transport links. Sought-after area for both tenants and homeowners.

Stunning Freehold Investment Opportunity – Offers in the Region of £900,000
Detached Coach House + 3 Converted Apartments | £60,000+ pa Rent Roll | Initial Yield Over 6.5%

Occupying a commanding corner position on one of the area's most desirable tree-lined streets, this impressive Victorian freehold offers a rare opportunity to acquire a fully let and income-producing block – comprising a detached three-bedroom Coach House, three self-contained apartments, and a large private car park.

With a current rent roll of approx. £60,000 per annum, the property offers a gross yield of approximately 6.66%, with scope to increase returns through rental uplifts, cosmetic refurbishment, and further development opportunities.

Current Layout & Income Overview:

Detached Coach House – Let via Company Let Agreement at £1,350 pcm (2/3 beds – not an AST)

Ground Floor Apartment 1 – 3-bedroom, currently let at £950 pcm (AST – undervalued; est. Market rent: £1,500 pcm)

First Floor Apartment 2 – 2-bedroom, let under a Company Let Agreement to an Airbnb provider, generating approx. £1,150 pcm (Airbnb income exceeds standard rent)

Top Floor Apartment 3 – 1-bedroom, also let under a Company Let Agreement to an Airbnb provider, generating approx. £925 pcm (Airbnb income exceeds standard rent)

Features & Value Add Potential:

Approx. £60,000 pa income, with strong upside potential

Company Let Agreements in place for enhanced rental stability and income

Unconverted basement area suitable for further conversion (STP)

Large front car park – possible development opportunity (STP)

Mix of long-term and short-term lets via company agreements

Small rear communal garden areas

Highly desirable area for both tenants and owner-occupiers

Located within easy reach of Nottingham city centre and benefitting from excellent public transport links, this area is consistently popular with professional tenants and families alike. With increasing rental demand and property values, the block presents an excellent opportunity for both yield-focused investors and those seeking long-term capital growth.

This is a rarely available freehold block with multiple income streams and outstanding potential for enhancement.

Contact Joe Hargreaves at FHP Living to arrange your private viewing or to request further details.

These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have not been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate. Purchaser information – Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. Passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.