Initial price	£2,330,000
08/11/24	£750,000
Price Change	-67.81%

The property is a substantial Victorian terraced villa, located on Forest Road West in Nottingham, approximately one mile northwest of the city centre and 0.4 miles northwest of Nottingham Trent University's city campus. The villa has been split and converted into five self-contained flats, with two on-site parking spaces available. The building has undergone some refurbishment, including a new roof and uPVC double glazed windows, but further work is required to bring the flats to a habitable condition. The property is being sold on a long leasehold basis, with Nottingham City Council retaining the freehold, and is subject to certain conditions, including the completion of any remaining work to the satisfaction of the council and the property being occupied or advertised on the market within three months of practical completion. The property is part of a portfolio of six properties and cannot be purchased solely or sub-divided. The asking price is £2,330,000, with no VAT applicable.