12 Bedrooms Semi-detached house for sale in Peel Street, Nottingham NG1 | £ 825,000

Property Description

Thomas James are delighted to bring to the market this period property, offering a fantastic development opportunity.

Arranged over three floors, the accommodation includes a living room, breakfast kitchen, utility area and ground floor w/c, plus twelve bedrooms, first floor shower room and a second floor bathroom. The property is currently let and occupied until Summer 2019 with a current income in the region of £57,000 per annum.

Ideally situated for students, the property is located in the popular suburb of Arboretum, within 50 metres of the Nottingham Trent University Student Union and Sandby Hall, and is within walking distance of Nottingham Trent University Law School, the Arboretum Park and Nottingham City Centre.

A former university owned dwelling, the property offers the potential to extend or modify the layout (subject to the correct planning consents).

Viewing is highly recommended.

Investment Information

The property requires a degree of upgrade and is offered to the market as an opportunity for development, to enhance the capital return.

We believe there will be interest from investors wishing to enlarge or modify the building as it currently stands.

The property is a semi detached dwelling with the potential to purchase the neighbouring dwelling (currently registered with two separate titles on the hm Land Registry).

Please contact a Thomas James agent for more information.

Ground Floor Accommodation

Open Storm Porch

Giving access to the:-

Entrance Door

Leading into the:-

Entrance Hall

Stairs rising to the first floor.

Doors leading to the living room, breakfast kitchen (with space for a dining table), utility area (with space for a washing machine and a storage area), ground floor W/C and two bedrooms.

First Floor Accommodation

First Floor Landing

Stairs rising to the second floor, and doors giving access to six bedrooms, and a shower room (with several showers and washing facilities).

Second Floor Accommodation

Second Floor Landing

Doors to four bedrooms and a bathroom.

Outside

To the front of the property, a pathway and steps lead up to the front entrance door.

There are lawned areas with mature trees and shrubs, offering a good degree of privacy from the main road.

The property also includes one allocated parking space.

Money Laundering

Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, Thomas James require any successful purchasers proceeding with a purchase to provide two forms of identification i.E. Passport or photocard driving license and a recent utility bill. This evidence will be required prior to Thomas James instructing solicitors in the purchase or the sale of a property.

Disclaimer Notes

These sales particulars have been prepared by Thomas James Estate Agents on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have not been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst Thomas James Estate Agents have taken care in obtaining internal measurements, they should only be regarded as approximate.

Directions

Peel Street can be accessed from Waverley Street or Mansfield Road, Nottingham.

Property Location

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