Land for sale

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Land for sale

Mansfield Road, Nottingham
£2,000,000

Price History

Initial price £2,350,000
05/07/25 £2,100,000
27/11/25 £2,000,000
Price Change -14.89%

Description

The property is located on Mansfield Road in Nottingham, a major provincial city with a population of 275,000 and a strong demand for commercial and residential accommodation. The property is situated close to the city center, opposite the Victoria Shopping Centre and near the House of Fraser Department Store. The area is popular for redevelopment, with nearby properties being redeveloped for residential use. The property itself consists of four terraced buildings, originally constructed over 80 years ago, with a main frontage to Mansfield Road and a rear frontage to Bluecoat Close. Each property has a ground floor retail unit and 18 HMOs above, with 2 HMOs having separate entrances. The properties have been upgraded to comply with current licenses and regulations, and have gas-fired central heating and other amenities. The area has a high demand for retail premises and a virtually 100% occupancy rate of the HMOs, making it an attractive investment opportunity.