7 Oakdale Road, Nottingham, Nottingham City, NG3 7EF

Description

An opportunity to acquire a freehold commercial property extending to circa 9,774 sq ft located in a prominent position on Oakdale Road. Current Rent reserved of £37,200 per annum An opportunity to acquire a freehold commercial property extending to circa 9,774 sq ft

Accommodation / Key Property Details

• Located in a prominent position on Oakdale Road
• Current Rent reserved of £37,200 per annum An opportunity to acquire a freehold commercial property extending to circa 9,774 sq ft located in a prominent position on Oakdale Road. Current Rent reserved of £37,200 per annum
• Freehold commercial property
• Situated in a prominent position on Oakdale Road
• Located within a well-established residential area
• Set approximately 1.5 miles from Nottingham City Centre
• Just a 5-minute drive from Carlton Train Station
• Adjacent to a Tesco Express
• Close to bus stops serving the City Centre & surrounding areas

Location

7 Oakdale Road, Nottingham, Nottingham City, NG3 7EF

Tenure

Freehold; verify title, lease terms, rights, covenants, easements and special conditions in the legal pack.

Development / Planning

Potential for future development (STP)

Auction Information

Investment Analysis

Investment Snapshot

Market Comparables

The auction particulars are the primary factual source for this sheet. HB value screens are desktop estimates only. Before bidding, verify recent Land Registry sales or specialist commercial/land transactions matching the same micro-location, tenure, size, condition and use.

Proposed Works

Source condition indicators: In need of comprehensive refurbishment on the upper floor. HB desktop allowance: £39,000. Confirm scope through inspection, survey and contractor/QS pricing.

Rental Value

£37,200 pa (source particulars), equivalent to a 11.4% gross yield on the guide price.

Low / Base / High Investment Scenario

BTL Analysis

Source income provides the headline yield above; verify AST/licence, arrears, service charges and management costs.

BRRR Analysis

At the HB base value screen of £395,000, a 75% refinance is approximately £296,250 before lender criteria. Compare against the full project cost, not guide price alone.

Flip Analysis

Base value screen less guide, HB works allowance and buyer premium leaves approximately £29,200 before SDLT, legal, finance, holding, professional, selling costs and tax. This is not net profit.

Maximum Bid Indicator

Deduct works, buyer premium, legal/professional fees, finance, holding, contingency, selling costs and required profit/return from a verified end value. SDLT is buyer-specific and excluded from this desktop screen.

Strategy Recommendation

BTL, BRRR or refurbishment/resale depending on verified rent, end value, survey and legal-pack findings.

Strategy Rating

BTL: ★★★☆☆ | BRRR: ★★★☆☆ | Flip: ★★★☆☆

Key Risks

In need of comprehensive refurbishment on the upper floor; Planning/consent conditions and implementation status; Property is recorded as Sold Prior; Legal-pack special conditions and seller fees; Physical condition and valuation/finance risk.

Analysis Confidence

High for facts directly reproduced from the Auction Estates particulars; medium/low for HB desktop works/value assumptions until direct comparable research, inspection, survey, legal-pack review and contractor/QS pricing are completed.