Initial price	£2,330,000
08/11/24	£315,000
Price Change	-86.48%

The property, a mid-terraced Victorian building, is located on Forest Road West, approximately one mile northwest of Nottingham city center and near Nottingham Trent University's city campus. The building has been converted into three self-contained flats, with two currently vacant and in need of completion, and one already sold on a long lease with 89 years remaining. The property has undergone partial refurbishment, including a new roof and uPVC double-glazed windows, but requires further work to be completed. The building is being sold on a long leasehold basis, with Nottingham City Council retaining the freehold, and the lease will include conditions such as completing any remaining work, occupying or advertising the property, and not using it as a House in Multiple Occupation. The entire portfolio of six properties is available for sale at a price of £2,330,000, with VAT not applicable.