Initial price	£2,330,000
08/11/24	£275,000
Price Change	-88.20%

The property is a mid-terrace Victorian building on Forest Road West, approximately one mile northwest of Nottingham city center and 0.4 miles from Nottingham Trent University's city campus. The building has been partially refurbished, including a new roof and uPVC double-glazed windows, and has been split into three self-contained flats. Two of the flats are currently vacant and require completing to a habitable condition, while one flat has already been sold on a long lease with 89 years remaining. The property is being sold on a long leasehold basis, with Nottingham City Council retaining the freehold, and is available as part of a portfolio of six properties. The sale includes a warranty that any remaining work will be completed to the satisfaction of the council within a set timetable, and that the properties cannot be used as a House in Multiple Occupation. The price for the long leasehold of the whole portfolio is £2,330,000, with no VAT applicable.