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    High Road, Beeston, Nottingham

    £850,000Freehold

    10102
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    For further mortgage advice call TMC on 0115 647 3842.

    Mortgage

    Estimated Monthly Mortgage Payment:
    £3,933 /mo.25 Years, 3.75% Interest
    Loan
    £765,000
    Total Repay
    £1,179,931

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    You’ll have to pay the stamp duty of:
    £32,500
    0% up to £125,000
    2% from £125,000 to £250,000
    5% from £250,000 to £850,000
    Your effective stamp duty rate is 3.82%

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    High Road, Beeston, Nottingham

    £850,000

    Commercial
    10 Bedrooms10 Bathrooms2 Receptions

    Key Information

    Tenure:Freehold
    Council tax band:B
    Broadband:up to 1800Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    A Ground Floor Shop Unit
    Two Self Contained HMO's
    HMO's have communal areas including Laundry, Hallway and Kitchen Diner/Living Space
    Combined Total Income Fully Let of £77,800 per annum
    Large Extension to the Rear
    Comprehensively Renovated Over the Recent Years by the Current Vendor
    Currently Being Sold with Tenants Insitu
    Great Location in the Heart of Beeston on the High Road
    An Ideal Investment Opportunity
    A Great Property Well Worthy of Viewing

    Description

    An excellent investment opportunity comprising of a ground floor shop unit and two self contained five-bedroom HMO's.

    Having been extended and comprehensively renovated by the current vendor this great property occupies and sought-after position within the heart of Beeston town centre on the high road.

    When fully let the ten bedrooms in the HMO's generate an income of £59,800 per annum and the shop is let on a ten year lease generating an income of £18,000 per annum, providing a total rent of £77,800 per annum.

    The two self-contained HMO's all have modern en-suite bedrooms, a communal laundry and communal kitchen diner and living space with modern fixtures and fittings throughout.

    The property is being sold with the current tenants insitu, making this as ideal investment opportunity.

    Shop Unit

    Shop 7.85m x 5.50m (25'9" x 18'0" )
    With double glazed windows and two doors to the front, air conditioning/heating system.

    Rear Kitchenette/Storage Area 7m x 1.42m (22'11" x 4'7" )
    Wall and base units, a sink with hot and cold taps, and a area for storage.

    WC
    Fitted with a WC.

    NB:
    Potential purchasers should note, whilst there are ten rooms, we will only provide examples for room 1, 2, & 3.

    Room One 8.54m x 1.90m including en-suite (28'0" x 6'2" in
    UPVC double glazed window, wall mounted electric heater and en-suite with fitments in white comprising: WC, wash-hand basin inset to vanity unit with tiled splashback, shower cubicle with mains control shower, wall-mounted heated towel rail and extractor fan.

    Room Two 3.94m x 2.63m maximum overall measurements, plus d
    UPVC double glazed window, wall-mounted electric heater. En-Suite with fitments in white comprising: WC, wash-hand basin inset to vanity unit with tiled splashback, shower cubicle with mains control shower, wall-mounted heated towel rail and extractor.

    Room Three 9.51m x 1.91m including en-suite (31'2" x 6'3" in
    UPVC double glazed window, wall-mounted electric heater. En-Suite with fitments in white comprising: WC, wash-hand basin inset to vanity unit with tiled splashback, shower cubicle with mains control shower over, wall-mounted heated rail and extractor.

    Kitchen Diner/Living Area 6.99m decreasing to 2.76m x 3.80m (22'11" decreas
    UPVC double glazed window, two wall mounted electric heaters, fitted breakfast bar, wall and base units, work surfacing with tiled splashback, one and half bowl sink with mixer tap, inset electric hob with oven below and air filter above.

    An Excellent Investment Opportunity Comprising of a Ground Floor Shop Unit and Two Self Contained Five-Bedroom HMO's.

    Beeston Branch

    t: 0115 922 0888
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