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 Nottingham’s NG6 area, with strong demand, excellent transport links, and proximity to retail and leisure amenities.

A rare chance to purchase a freehold residential block offering a secure, long-term income stream with minimal management input. The property comprises 12 purpose-built self-contained apartments – ten two-bedroom units and two one-bedroom units – aswell as a commercial unit on the ground floor currently producing a total gross income of £97,799 per annum, with guaranteed increases built into the lease from 2026 onward.

The building is leased in its entirety to Bespoke Supportive Tenancies Ltd (BEST), a well-established national provider of supported accommodation, under a Full Repairing and Insuring (FRI) lease that runs until July 2034. The tenant is fully responsible for all repairs, maintenance, and day-to-day management, making this an ideal hands-off investment.

The property is in good decorative and structural order, with no immediate capital expenditure required. In addition, the freehold includes a small ground rent and service charge income of £600 p.a. from a commercial unit (carpet retailer) located on the ground floor beneath the residential block, which is held under separate ownership.

Commercial Unit

Ground Floor

Entrance Hallway
Staircase to the first floor, door to communal room.

Communal Room
Storage cupboard, door to the shower room, door to the corridor leading to ground floor accommodation.

Shower Room

Corridor
Doors leading off to two apartments, boiler room.

Apartment 1

Entrance Hallway
Doors leading off to rooms.

Kitchen Living Diner

Bedroom One

Bedroom Two

Bathroom

Apartment 2

Entrance Hallway
Doors leading off to rooms.

Kitchen Living Diner

Bedroom One

Bedroom Two

Bathroom

First Floor

Corridor
Doors leading off to five apartments, staircase leading to the second floor.

Apartment 3

Entrance Hallway
Doors leading off to rooms.

Bedroom One

Bedroom Two

Lounge Kitchen Diner

Bathroom

Apartment 4

Entrance Hallway
Doors leading off to rooms.

Bedroom One

Bedroom Two

Lounge Kitchen Diner

Bathroom

Apartment 5

Entrance Hallway
Doors leading off to rooms.

Bedroom One

Bedroom Two

Lounge Kitchen Diner

Bathroom

Apartment 6

Entrance Hallway
Doors leading off to rooms.

Bedroom One

Bathroom

Lounge Kitchen Diner

Apartment 7

Entrance Hallway
Doors leading off to rooms.

Bedroom One

Bedroom Two

Bathroom

Lounge Kitchen Diner

Corridor
Doors leading off to six apartments.

Apartment 8

Entrance Hallway
Doors leading off to rooms.

Bedroom One

Bedroom Two

Lounge

Kitchen

Bathroom

Office

Apartment 9

Entrance Hallway
Doors leading off to rooms.

Bedroom One

Bedroom Two

Bathroom

Lounge Kitchen Diner

Apartment 10

Entrance Hallway
Doors leading off to rooms.

Bedroom One

Bedroom Two

Lounge Kitchen Diner

Bathroom

Apartment 11

Entrance Hallway
Doors leading off to rooms.

Bedroom One

Lounge Kitchen Diner

Bathroom

Apartment 12

Entrance Hallway

Bedroom One

Bedroom Two

Bathroom

Lounge Kitchen Diner

FOR SALE – The Edge Apartments, 10 Bar Lane, Nottingham NG6 0HU