Description
- No Chain: Offered with vacant possession for a smooth purchase.
- Mixed Use Setup: Apartment and commercial unit providing dual income.
- Strong Yield: Approximate return of 8.81% based on current rent.
- Prominent Frontage: Corner position giving strong visibility for trade.
- Private Access: Separate entrance leading to a bright first floor home.
- Generous Layout: Bay fronted living room with practical living space.
- Modern Kitchen: Fitted units and integrated appliances for easy letting.
- Established Area: Reliable rental demand within a settled community.
- Local Amenities: Close to shops, services and everyday conveniences.
- Good Transport: Regular bus routes connecting to Nottingham centre.
PROPERTY SUMMARY This mixed-use investment offers a strong and dependable return with a total internal area of approximately 111.6 square metres across a self-contained first floor apartment and a ground floor commercial unit. The property sits in a visible corner position that supports both residential demand and steady commercial footfall.
The commercial unit occupies the full ground floor and benefits from prominent frontage within a well-established parade. This creates reliable exposure for local businesses and contributes to long term stability in the income stream. The setup is straightforward and easy to manage, appealing to landlords who want predictable and uncomplicated returns.
A private entrance at street level leads to the first-floor apartment, with a bright stairway lit by a large side window. The apartment provides generous and practical living space, beginning with a sizeable bay fronted living room, a fitted kitchen with modern units and integrated appliances, two well-proportioned bedrooms and a bathroom with a full white suite.
The property is fully let and produces a potential combined rental income of £1395.00 per calendar month. Based on the guide price, this results in an impressive yield of approximately 8.81%, making it a rare opportunity in the current market. The title setup is simple to administer and provides a strong balance of residential and commercial security.
This is an ideal choice for investors seeking a reliable income, minimal complexity and a well-located asset with consistent local demand.
LOCATION SUMMARY This property sits in a well established residential area of Carlton that continues to attract steady demand from both tenants and owner occupiers. The position provides convenient access to local shops, independent businesses and everyday amenities, making it a practical base for a wide range of occupants.
The area is supported by strong transport links, with regular bus services into Nottingham city centre and surrounding districts, along with nearby routes that connect to Colwick, Gedling and the wider east side of the city. This makes it appealing to commuters and those working across Nottingham.
Carlton is known for its reliable rental market due to its mix of schools, supermarkets, leisure facilities and parks. Nearby green spaces add to the residential appeal, while Carlton Square and the retail corridor along Carlton Hill offer additional services, shops and food outlets.
The location continues to show strong rental resilience, with good occupancy levels and consistent tenant interest as it benefits from this stability, making it a sensible choice for investors seeking a secure and well placed asset.
ENTRANCE HALL Private ground floor entrance providing access to the stairway and first floor accommodation, offering a secure and self contained entry point.
STAIRWAY AND LANDING Bright landing space with a large side window that brings in natural light and leads into all areas of the apartment.
LIVING ROOM Spacious bay fronted reception room with a pleasant outlook and generous floor area for seating and media furniture, creating a comfortable main living space.
KITCHEN Fitted kitchen with a range of modern units, integrated appliances and good work surface space, offering a practical setup for day to day use.
BEDROOM ONE Well proportioned double bedroom with dual aspect windows providing a bright and balanced space ideal for long term tenants.
BEDROOM TWO Additional bedroom that works well for guests, a study or flexible rental needs, offering good natural light and a functional layout.
BATHROOM Full white suite with tiled surrounds, providing a clean, low maintenance and durable finish suited to long term lettings.
COMMERCIAL UNIT Ground floor commercial space with prominent frontage and steady footfall, offering reliable visibility and a straightforward income stream.
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Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality!
DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.
Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.
Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.
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