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£200,000

Victoria Road, Netherfield, Nottingham, NG4

  • 2 beds
Other

£200,000

  • 2 beds
Other
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Estimate monthly mortgage payment:

£913 per month

Minimum deposit amount:

£10,000
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A fantastic investment opportunity comprising a ground floor retail unit with workshop, kitchen, and W/C, plus a two-bedroom duplex apartment above. Features include a refitted bathroom, conservatory, and living space with scope for improvement. Offered with no upward chain ideal for buyers seeking a renovation project with commercial potential.

INVESTMENT OPPORTUNITY MIXED-USE PROPERTY RENOVATION POTENTIAL NO UPWARD CHAINRobert Ellis are pleased to present this versatile mid-terrace mixed-use property, offering a fantastic opportunity for investors, developers, or owner-occupiers. Situated in the popular residential and commercial area of Netherfield, the property benefits from close proximity to Victoria Retail Park, local shops, schools, and excellent public transport links into Nottingham City Centre.The ground floor comprises a commercial unit with a prominent shop frontage, a rear workshop, kitchen area, and W/C. This space could suit a variety of businesses or be let out to generate commercial rental income.Above, the duplex apartment spans two floors and includes two bedrooms, a separate living room, kitchen, and conservatory to the rear. The bathroom has been stripped out and is ready for refitting, giving the new owner a blank canvas to design to their own specification.The property is being sold as seen, requiring general modernisation throughout, and offers great potential to add value through renovation. Once updated, the property could generate a strong combined income from both the residential and commercial elements, or serve as a live/work home for a small business owner.Offered to the market with no upward chain, this is a rare chance to acquire a freehold property with mixed-use flexibility in a well-connected and in-demand location.Early viewing is recommended to appreciate the potential on offer.

Shop Unit

Main Unit

6.10m x 3.07m approx (20' x 10'1 approx)

Double glazed door and window to the front elevation, suspended ceiling with inset lighting, prominent retail frontage, panelled door leading to inner lobby and additional storage.

Lobby / Storage

6.81m x 4.75m approx (22'4 x 15'07 approx)

L-Shaped storage space providing useful additional storage, panelled door leading to the rear workshop.

Workshop

3.61m x 3.58m approx (11'10 x 11'09 approx)

Secure access door into the office, shelving for additional storage, lighting and power, panelled door leading to the rear store.

Rear Store / Kitchen

3.76m x 3.30m approx (12'04 x 10'10 approx)

Rear access door, light and power, stainless steel sink with mixer tap above, space and point for freestanding fridge freezer, panelled door leading to ground floor WC.

Ground Floor WC

3.94m x 1.57m approx (12'11 x 5'02 approx)

Low level flush WC, vanity wash hand basin, laminate floor covering, ceiling light point, extractor fan.

Flat

Entrance Lobby

Secure door to the rear elevation, ceiling light point, staircase leading to the first floor landing.

Inner Entrance Hallway

4.55m x 1.07m approx (14'11 x 3'6 approx)

Staircase leading to the second floor landing, ceiling light point, panelled doors leading off to:

Living Room

3.56m x 4.93m approx (11'8 x 16'02 approx)

UPVC double glazed sectional bay window to the front elevation, wall mounted radiator, ceiling light point, feature decorative fireplace with stone hearth, wall mounted radiator, understairs storage cupboard providing additional storage space with light and recently installed electrical consumer unit.

Dining Kitchen

3.76m x 3.68m approx (12'4 x 12'01 approx)

With a range of matching wall and base units with laminate worksurfaces over, integrated oven with four ring ceramic hob over and stainless steel extractor hood above, stainless steel sink with swan neck mixer tap over, space and plumbing for automatic washing machine, space and point for freestanding fridge and freezer, wall mounted double radiator, ceiling light point, wall mounted ideal gas central heating combination boiler providing hot water and central heating to the property, glazed door leading to rear garden room.

Garden Room

3.51m x 3.89m approx (11'06 x 12'09 approx)

Windows to the side and rear elevations, roof lights, strip wood flooring, providing additional seating space to the property, glazed door leading through to dining kitchen.

Second Floor Landing

Ceiling light point, panelled doors leading off to:

Bedroom One

3.81m x 4.60m approx (12'06 x 15'01 approx )

UPVC double glazed window to the front elevation, ceiling light point, wall mounted radiator, built-in wardrobe providing additional storage space.

Bedroom Two

4.37m x 3.73m approx (14'04 x 12'03 approx)

UPVC double glazed window to the rear elevation, wall mounted radiator, ceiling light point, built-in wardrobe.

Bathroom

1.83m x 2.54m approx (6' x 8'04 approx)

Ceiling light point, three piece suite comprising panelled bath, vanity wash hand basin with storage cupboard below, low level flush WC.

Outside

Rear of Property

Enclosed rear shared access yard with secure gated access to the rear.

Agents Notes: Additional Information

Council Tax Band: ALocal Authority: Gedling Electricity: Mains supplyWater: Mains supplyHeating: Mains gasSeptic Tank : NoBroadband: BT, Sky, VirginBroadband Speed: Standard 18mbps Ultrafast 1800mbpsPhone Signal: 02, Vodafone, EE, ThreeSewage: Mains supplyFlood Risk: No flooding in the past 5 yearsFlood Defences: NoNon-Standard Construction: NoAny Legal Restrictions: NoOther Material Issues: No

A COMMERCIAL INVESTMENT PROPERTY, SHOP TO THE GROUND FLOOR AND TWO TWO-BED DUPLEX APARTMENTS ABOVE. SELLING WITH NO UPWARD CHAIN.

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