3 × 3-bed flat · NG7 6JF
For saleListed 114 days
Opportunity summary
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About
CONTACT FHP PROPERTY CONSULTANTS FOR MORE INFORMATION.
Residential Investment For Sale together with adjacent Building Plot – PP granted for 3 x 3-Bed Apartments and Parking Nottingham is a major provincial city in the East Midlands with substantial interests in retail, manufacturing, education, call centres, offices, warehousing and distribution.
Nottingham City has a population of circa 275,000 persons, 90,000 students, a leisure catchment of 750,000 and a shopping population of approximately 2,000,000.
Sherwood Rise is located about 1½ miles due north of Nottingham City Centre and runs north-westerly from its junction with Mansfield Road and Gregory Boulevard to connect with Nottingham Road and eventually Western Boulevard, part of the outer Nottingham ring road.
This property is situated approximately one-third of a mile north of the junction with Mansfield Road, and a return frontage to Alexandra Street and a southern boundary to Hamilton Road.
In the main the surrounding properties are occupied predominantly for residential use, although in previous years a number of properties along Hamilton Road were occupied for office purposes.
Some still remain occupied for that use, but in a number of instances the sites/buildings have been redeveloped for residential purposes.
This is a very good residential location, conveniently situated for Nottingham City Centre and the other local amenities on Mansfield Road, a short 5 minutes walk.
Property The property comprises a period building which has been renovated and extended by the current owners 6 years ago and now provides 6 self contained 2-bedroom apartments.
All 3 apartments on the ground floor have the benefit of a self contained garden. In addition there is also a communal garden for the other 3 first floor flats.
All the flats are fully let and income producing. All flats are in excellent condition and have the benefit of electric space heating. They have fully fitted kitchens and quality bathrooms.
EPCs Each flat has a current EPC rating of E, expiring 19th February 2030.
Planning Planning Consent was granted on 5th May 2026 (Application No: 26/00177/PFUL3 (PP-14651900) for the development of the land to the rear of 8 Sherwood Rise for 3 no.
3-bedroom apartments with access road and parking. A copy of the full Planning Consent is available upon request.
Disclaimer Note & Money Laundering Wb - These sales particulars have been prepared by FHP Living 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 FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.
Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living 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 FHP Living instructing solicitors in the purchase or the sale of a property.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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