Property · NG5 2GY
To rentReduced £25 (−6.3%) on 16 SepListed 96 days · slow let
Opportunity summary
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About
Secure Lock-Up Garages With Parking Conveniently Situated Within An Easily Accessible Location Just 2 Miles From Nottingham City Centre PDM Estates are pleased to offer the opportunity to rent both of these secure lock-up garages, conveniently situated within an easily accessible location.
Constructed of traditional brick elevations and benefiting from up-and-over garage doors, these garages provide a practical solution for those seeking secure vehicle parking or additional storage space.
Whether you require somewhere safe to store a car, motorcycle, tools, business equipment or household belongings, these garages offer a versatile and cost-effective solution.
The garages benefit from generous internal dimensions, a wide forecourt allowing straightforward access and manoeuvring, together with a convenient location offering excellent accessibility.
Secure garages of this nature are becoming increasingly difficult to find, making this an excellent opportunity for both private individuals and local businesses requiring additional storage or parking.
Please note: The garages are to be used for vehicle parking and/or storage only. No mechanical repairs, commercial vehicle maintenance or business operations are permitted.
Pertinent Information Floor Space: Approximately 300 sq/ft EPC: N/A Tenure: The premises is available to let on licence for a term to be agreed.
(Please contact the agent for further information) Local Authority: Nottingham City Council VAT: We understand VAT is not applicable to the rent Viewings are by appointment only through PDM Estates.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs

FAQ
About Newstead Street, Nottingham
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