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Flats 1-4, 406 Alfreton Road, Nottingham NG7 5NG - Image 1
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Flats 1-4, 406 Alfreton Road, Nottingham NG7 5NG

East Midlands

£230,000Guide Price

Listed on 11/08/2026

Property details

Bedrooms
4
Type
Block Of Apartments

Features

  • Garden

Description

This substantial end-of-terrace property is currently configured as four individual one-bedroom self-contained flats, providing an appealing investment opportunity. Situated close to the amenities of Alfreton Road and just over a mile from Nottingham City Centre, the property features a rear yard and has potential for enhancement. While three of the four flats are currently let, generating an annual income of £20,120, there exists a significant opportunity to increase this revenue by updating and modernizing the units. The property is in need of refurbishment, which could unlock further investment potential for savvy buyers. All interested parties should conduct their own due diligence regarding income estimates and potential improvements.

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Location

Flats 1-4, 406 Alfreton Road, Nottingham NG7 5NG
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Mortgage calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£869
Based on a loan of £172,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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