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    Alfreton Road, Nottingham

    £435,000

    331
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    For further mortgage advice call TMC on 0115 647 3842.

    Mortgage

    Estimated Monthly Mortgage Payment:
    £2,013 /mo.25 Years, 3.75% Interest
    Loan
    £391,500
    Total Repay
    £603,847

    Commercial Stamp Duty

    You’ll have to pay the stamp duty of:
    £11,250
    0% up to £150,000
    2% from £150,000 to £250,000
    5% from £250,000 to £435,000
    Your effective stamp duty is 2.59%

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    Alfreton Road, Nottingham

    £435,000

    Retail
    3 Bedrooms3 Bathrooms1 Reception

    Key Information

    Tenure:Not available
    Council tax band:A

    Key Features

    MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT PROPERTY
    GROUND FLOOR COMMERCIAL UNIT WITH KITCHEN AND UTILITY AREA
    THREE BEDROOM HMO ACCOMMODATION ABOVE
    ALL THREE BEDROOMS BENEFIT FROM EN-SUITE SHOWER ROOMS
    MODERN SHARED KITCHEN/DINING AREA TO THE RESIDENTIAL ACCOMMODATION
    REAR YARD WITH SECURE ACCESS TO THE HMO
    PROMINENT POSITION ON ALFRETON ROAD
    LOCATED CLOSE TO NOTTINGHAM CITY CENTRE AND NOTTINGHAM TRENT UNIVERSITY
    GAS CENTRAL HEATING AND DOUBLE GLAZING
    IDEAL INVESTMENT PROPERTY

    Description

    A mixed-use investment opportunity situated on Alfreton Road, close to Nottingham city centre and Nottingham Trent University. The property comprises a ground floor commercial unit with kitchen, utility and rear access, together with a three bedroom HMO above, with each bedroom having its own en-suite shower room.

    A MIXED USE COMMERCIAL AND RESIDENTIAL INVESTMENT PROPERTY SITUATED IN A PROMINENT POSITION ON ALFRETON ROAD, NOTTINGHAM, WITH A GROUND FLOOR COMMERCIAL UNIT AND THREE BEDROOM HMO ACCOMMODATION ABOVE.

    Robert Ellis are pleased to bring to the market this mixed commercial and residential investment opportunity positioned on Alfreton Road, Nottingham, within easy reach of Nottingham city centre, Nottingham Trent University and a wide range of local amenities, shops, transport links and facilities.

    The property offers versatile accommodation arranged over the ground and upper floors, with the ground floor currently providing a commercial unit, fully let as a main shop/dining area, commercial kitchen, utility area and rear yard access. The shop area has a double glazed entrance door and window to the front elevation, tiled flooring, ceiling light points and access through to the kitchen area. The commercial kitchen provides tiled flooring, splashbacks, shelving and work surface space, with a further utility area to the rear including a stainless steel sink, tiled splashbacks and a wall mounted gas central heating combination boiler.

    To the rear of the property there is a yard area with secure access to the residential HMO accommodation, an outside WC, secure gated side passageway and a staircase leading to the residential conversion above.

    The HMO accommodation comprises three good size bedrooms, each benefiting from its own en-suite shower room. Bedroom one and bedroom three are positioned to the front elevation, with bedroom two to the rear, and all rooms have access to private en-suite facilities including a walk-in shower enclosure, low level flush WC and vanity wash hand basin. There is also a shared kitchen/dining area fitted with a range of matching wall and base units, work surfaces, stainless steel sink, integrated oven, hob and extractor hood, tiled splashbacks, space for appliances and seating area.

    The property is ideally placed for access to Nottingham city centre, local shops and amenities, Nottingham Trent University and regular transport links, making it an attractive opportunity for investors looking for a mixed-use property with commercial and residential income potential.

    Offered to the market as a ready made investment, an internal viewing comes highly recommended to appreciate the accommodation and opportunity on offer.

    Commercial Unit

    Shop Area
    3.78m x 8.38m approx (12'5 x 27'6 approx)
    Double glazed entrance door and window to the front elevation giving access to the main shop and dining area, tiling to the floor, ceiling light points, counter unit with archway leading through to the kitchen area.

    Kitchen
    5.46m x 2.90m approx (17'11 x 9'06 approx )
    Commercial kitchen, tiling to the floor, splashbacks, shelving, worksurface space, archway leading through to the rear utility.

    Utility
    1.98m x 1.50m approx (6'6 x 4'11 approx)
    Side access door, double stainless steel sink with separate hot and cold taps, tiled splashbacks, tiling to the floor, wall mounted Ideal gas central heating combination boiler providing instant hot water and central heating to the property.

    Rear Yard
    Rear yard area with secure access to the HMO, outside WC, secure gated side passageway, staircase leading to the residential HMO conversion.

    HMO

    Bedroom One
    4.14m x 4.19m approx (13'07 x 13'09 approx )
    UPVC double glazed window to the front elevation, wall mounted radiator, ceiling light point, panelled door leading to the en-suite.

    En-Suite
    1.91m x 1.14m approx (6'03 x 3'09 approx)
    Walk-in shower enclosure, low level flush WC, vanity wash hand basin with storage cupboard below, tiling to the walls, tiling to the floor, ceiling light point, extractor fan.

    Bedroom Two
    3.05m x 4.09m approx (10' x 13'05 approx )
    UPVC double glazed window to the rear elevation, ceiling light point, laminate flooring, panelled door leading to the en-suite.

    En-Suite
    1.83m x 1.02m approx (6' x 3'4 approx)
    Walk-in shower enclosure, low level flush WC, vanity wash hand basin with storage cupboard below, tiling to the walls, tiling to the floor, ceiling light point, extractor fan.

    Bedroom Three
    4.09m x 3.68m approx (13'05 x 12'01 approx)
    UPVC double glazed window to the front elevation, wall mounted radiator, ceiling light point, panelled door leading to the en-suite shower room.

    En-Suite
    1.93m x 1.02m approx (6'04 x 3'04 approx)
    Walk-in shower enclosure, low level flush WC, vanity wash hand basin with storage cupboard below, tiling to the walls, tiling to the floor, ceiling light point, extractor fan.

    Kitchen
    3.94m x 4.14m approx (12'11 x 13'07 approx)
    UPVC double glazed window to the rear elevation, a range of matching wall and base units incorporating laminate worksurfaces over, stainless steel sink with mixer tap over, integrated oven with four ring hob over and stainless steel extractor hood above, tiled splashbacks, tiling to the floor, wall mounted radiator, seating area, space and point for a fridge freezer, space and plumbing for a washing machine.

    Agents Notes: Additional Information
    Council Tax Band: A
    Local Authority: Nottingham
    Electricity: Mains supply
    Water: Mains supply
    Heating: Mains gas
    Septic Tank : No
    Broadband: BT, Sky, Virgin
    Broadband Speed: Standard 17mbps Superfast 80mbps
    Phone Signal: 02, Vodafone, EE, Three
    Sewage: Mains supply
    Flood Risk: No flooding in the past 5 years
    Flood Defences: No
    Non-Standard Construction: No
    Any Legal Restrictions: No
    Other Material Issues: No

    MIXED COMMERCIAL AND RESIDENTIAL HMO INVESTMENT PROPERTY

    Arnold Branch

    t: 0115 648 5495
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