Under Offer
146-152

146-152 Egypt Road
New Basford
Nottingham
NG7 7GZ

£720,000
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INVESTMENT OPPORTUNITY WITH HMO LICENCES

5982 sq, ft

Approximate Site Area

Features Include....

  • 2 X HMO LICENCES FOR 12 AND 5 PERSONS
  • 4 LARGE EDWARDIAN VILLAS
  • AVAILABLE TO PURCHASE SEPERATLEY IF REQUIRED
  • OPPORTUNITY TO REDEVELOP (152 EGYPT RD)

Property Summary

Description
The subject properties comprise two pairs of Edwardian semi-detached properties.

146 Egypt Road and 148 Egypt Road are internally connected and together provide for a 12 bedroom HMO with associated living, dining, bathroom, kitchen and laundry areas.

150 Egypt Road provides for a 5 bedroom HMO with ancillary living room, kitchen-diner and laundry areas with two further bedrooms and shower room facilities.

152 Egypt Road was part way through conversion and does not have an HMO licence. It briefly comprises of 4-5 bedrooms, bathroom and associated living room, dining. kitchen and wet-room facilities. This property has been extended to the rear elevation and requires an internal fit-out throughout.

Planning
For further information we would advise interested parties to contact Nottingham City Council on 0115 915 4819.

Council Tax
Council Tax Band B

Price
£720,000
(Seven Hundred and Twenty Thousand Pounds)

Tenure
The subject properties are to be sold with full vacant possession.

HMO Licence.
Three of the the four subject properties have a HMO Licence for 12 persons (146-148 Egypt Rd) & 5 persons (150 Egypt Rd) respectively. We would recommend that potential purchasers take formal advice relating to HMO Licencing for the subject properties.

152 Egypt Road does not have a HMO Licence.

VAT
Unless stated all prices are quoted exclusive of Value Added Tax (VAT).

Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.

Energy Efficiency Rating
A copy of the Energy Performance Certificate is available upon request.

Services
We understand that all mains services are connected to the premises. However, we recommend that interested parties contact the relevant service providers to confirm this.

Viewing
Strictly by prior appointment through the sole selling agents, Musson Liggins.

Note
The properties are also available as follows:
146-148 Egypt Road £400,000
150 Egypt Road £180,000
152 Egypt Road £140,000

Location
The subject properties are located with a frontage to Egypt Road within a predominately residential area in New Basford, Nottingham.
Nottingham City Centre is approximately 2 miles distance to the south of the subject properties.

0 - 10,000 sq ft

148-152 Floor Plans

For Further Information Contact

David Bladen BSc (Hons) MRICS

Director

Professional Experience I joined Musson Liggins in 2008 and became a Chartered Surveyor in April 2011. I am also an RICS Registered Valuer. My role within the firm is versatile, dealing with agency, acquisitions, rent reviews, lease renewals, condition reports..

Jack Farrell - Surveyor

Experience I have worked at Musson Liggins since May 2018 having previously worked at Bairstow Eaves in Nottingham. I assist with all aspects of General Practice surveying however the majority of my time is spent dealing with commercial property agency...

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