22 Bed Flat For Sale

Modern freehold block of 12 self-contained flats (10 x 2-bed, 2 x 1-bed) producing 97,799 per annum, let in full to Bespoke Supportive Tenancies Ltd (BEST) a national social housing provider on a FRI lease until July 2034.From April 2026, the lease includes contractual annual rent increases, offering built-in growth. The tenant is responsible for all repairs and internal management, creating a genuinely passive investment.Also includes 600 p.a. from ground rent/service charges from a commercial unit (carpet shop) beneath, held under separate ownership. The block is in excellent condition with no capital works required.Located in Nottinghams NG6 area, with strong demand, excellent transport links, and proximity to retail and leisure amenities.