Daniels Quarters Mapperley

£1,300,000 Guide Price

Information

  • Type: Commercial
  • Availability: Sold STC.
  • Tenure: Freehold

Information

  • Type: Commercial
  • Availability: Sold STC.
  • Tenure: Freehold

Property Summary

PDM Estates are proud to present this substantial freehold residential investment opportunity comprising 10 newly refurbished apartments, prominently positioned on Woodborough Road within the highly sought after Nottingham suburb of Mapperley. Fully let and income producing, the property offers immediate cash flow alongside long term capital growth potential in one of Nottingham’s strongest performing residential rental locations.

The development has undergone an extensive refurbishment programme and is configured as 10 self-contained apartments finished to a modern standard throughout. The apartments currently achieve rental incomes ranging from £775 pcm to £1,200 pcm, producing a gross annual income of approximately £111,660 per annum, with an additional £6,000 per annum generated through service charge contributions.

The property is offered freehold with no ongoing service charge liabilities, providing a straightforward and efficiently managed investment structure. The fully occupied nature of the asset reflects the strong and consistent tenant demand for high-quality accommodation within this established residential suburb.

The location continues to attract a broad tenant demographic including young professionals, city commuters, hospital staff and postgraduate students, supported by excellent connectivity into Nottingham City Centre and close proximity to a wide range of local amenities.

For investors seeking a turnkey residential asset with strong existing income, minimal immediate expenditure requirements and long-term rental demand, Daniels Quarters represents an excellent acquisition opportunity.

For those looking for a ready made investment in one Nottinghams highest demand areas for students and professionals akin, look no further.

Price Guidance

The property is available to purchase at a guide price of £1,300,000

The property is currently let for a gross rental income of £111,660 PA + £6000 Service Charge

These figures represent a high yield of 9.05%, based on the gross rents receivable before acquisition costs

EPC

EPC Rating (Please find attached)

Location

Daniels Quarters occupies a prominent position along Woodborough Road in Mapperley, one of Nottingham’s most desirable and established residential suburbs. The area is renowned for its strong rental demand, excellent amenities and convenient access into Nottingham City Centre.

Mapperley has seen continued investment and regeneration over recent years, becoming increasingly popular amongst professionals and long-term renters seeking a balance between suburban living and city accessibility. The immediate area offers an extensive selection of cafes, restaurants, supermarkets, independent retailers and leisure facilities, contributing to the location’s consistently strong occupancy levels.

Connectivity from the property is excellent. Nottingham City Centre lies approximately 2 miles to the south west, while regular bus services operate directly along Woodborough Road providing convenient access across the city. Nottingham Trent University, the Queen’s Medical Centre and Nottingham railway station are all easily accessible, supporting sustained rental demand from both the professional and student markets.

The surrounding road network also provides straightforward access to the A60, Ring Road and wider regional motorway connections including the M1.

The combination of a highly regarded residential setting, strong transport infrastructure and continued local demand reinforces the property’s long-term investment appeal.

Services

Mains electricity, drainage and water are understood to be connected.

Local Authority

Nottingham City Council

Important Information

Making An Offer: As part of our service to our vendors we ensure that all potential buyers are in a position to proceed with any offer they make and would therefore ask any potential purchaser to speak with our Mortgage Advisor to discuss and establish how they intend to fund their purchase. Additionally we can offer Independent Financial Advice and are able to source mortgages from the whole of the market helping you secure the best possible deal and potentially saving you money. If you are making a cash offer we will ask you to confirm the source and availability of your funds in order for us to present your offer in the best possible light to our Vendor.

Property Particulars: Although we endeavour to ensure the accuracy of property details we have not tested any services heating plumbing equipment or apparatus fixtures or fittings and no guarantee can be given or implied that they are connected in working order or fit for purpose. We may not have had sight of legal documentation confirming tenure or other details and any references made are based upon information supplied in good faith by the Vendor. Any proposed rental figures are speculative based on comparable market data and knowledge of the local rental market. These values should not be relied upon.

Floor Plans: Purchasers should note that if a floor plan is included within property particulars it is intended to show the relationship between rooms and does not reflect exact dimensions or indeed seek to exactly replicate the layout of the property. Floor plans are produced for guidance only and are not to scale.

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