12 Bedrooms House - Townhouse for Sale

Waverley Street, Nottingham

£1,000,000

  • Newly Refurbished HMO
  • Modern City Living
  • Large Communal Areas
  • Private Rear Garden
  • Investment Opportunity

Full Description

This much improved, impressive HMO, Victorian town house is situated in the popular Arboretum area, close to Nottingham City Centre, central University sites and the Forest Recreation Ground. The tram network and main road routes make journeys short and easy.

An ideal investment purchase, in the perfect position for student living, the property retains some attractive original features, benefits from electric heating, The property over the last twelve months has been considerably upgraded. Waverley Street is currently fully let and gives an income of £62,290.
For the academic year 23/24, vendors have confirmed a new contract has been signed giving an income of £81,000.

The accommodation is arranged over five floors and includes twelve bedrooms, three shower rooms, a new fitted kitchen, a living room and upgraded kitchenette on the top floor.

Benefiting from electric heating, the property has low maintenance gardens to both the front and rear.

Viewing highly recommended

Directions

Waverley Street can be located off the junction of Forest Road East and Forest Road West. The property is situated close to the junction with Gedling Grove.

GROUND FLOOR ACCOMMODATION

Entrance Door

Giving access to the:-

Entrance Hall

An impressive entrance with stairs rising to the first floor (with a window to the half landing), stairs descending to the lower ground floor, access to the ground floor rooms, and a door opening to the rear garden.

Ground Floor Room One (Living Room)

Bay window to the front elevation. Electric heater, ceiling light.

Ground Floor Room Two

Window to the rear elevation. Ceiling light, and Electric heater.

Ground Floor Room Three

Window to the rear elevation. Ceiling light and electric heater.

Ground Floor Shower Room

Fitted with a shower cubicle with an electric shower, a low flush wc and a wash hand basin set in a vanity unit. Heated towel rail, vinyl floor covering.

LOWER GROUND FLOOR ACCOMMODATION

Kitchen

Fitted with a range of wall, drawer and base units, roll edge work surfaces, breakfast bar area, two stainless steel sink and drainer units with mixer taps over, two ovens with a hob and stainless steel canopy hood over each, plus a number of freestanding fridge/freezers, and other appliances.

FIRST FLOOR ACCOMMODATION

First Floor Landing

Stairs rising to the second floor, access to the first floor rooms.

First Floor Room One

Window to the front elevation. Ceiling light and electric heater.

First Floor Room Two

Window to the front elevation, Ceiling light and electric heater.

First Floor Room Three

Window to the rear elevation, Ceiling light and electric heater.

First Floor Room Four

Window to the rear elevation, ceiling light and electric heater.

First Floor Shower Room

Fitted with a shower cubicle with an electric shower, a low flush wc and a vanity wash hand basin. Heated towel rail, vinyl floor covering.

SECOND FLOOR ACCOMMODATION

Second Floor Landing

Stairs rising to the third floor, access to the second floor rooms.

Second Floor Room One

Window to the front elevation, ceiling light and electric heater.

Second Floor Room Two

Window to the front elevation, ceiling light and electric heater.

Second Floor Room Three

Window to the rear elevation, ceiling light and electric heater.

Second Floor Room Four

Window to the rear elevation, ceiling light and electric heater.

Second Floor Shower Room

Fitted with a shower cubicle with an electric shower, a low flush wc and a vanity wash hand basin. Heated towel rail, vinyl floor covering.

THIRD FLOOR ACCOMMODATION

Third Floor Landing

Giving access to the third floor rooms.

Third Floor Room One

With a Velux window, ceiling light and electric heater.

Third Floor Room Two

With a Velux window, ceiling light and electric heater.

Kitchenette

With a work surface, stainless steel sink and drainer unit, and a cooker. Velux window.

OUTSIDE

At the front of the property a wrought iron gates opens into the garden where steps lead to the canopied entrance door.

The rear is laid to hardstanding with a patio pathway border with sleeper style borders leading to the rear. A gate at the end of the garden leads out to a shared utility pathway.

Kitchen Appliances & Furniture

The current vendor has indicated that all furniture and white goods currently at the property, will be included in the sale.

Referral Arrangement Note

Thomas James Estate Agents always refer sellers (and will offer to refer buyers) to Knights PLC, Premier Property Lawyers, Ives & Co, Curtis & Parkinson, Bryan & Armstrong, and Marchants for conveyancing services (as above). It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Thomas James Estate Agents would receive a referral fee of between £120 and £240 including VAT from them, for recommending you to them.

Floorplan

Floorplan for Waverley Street, Nottingham

EPC

EPC

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