Nottingham flats snapped up for nearly £1m

Property agent Innes England has sold a block of eight flats in Nottingham for nearly £1m.

Situated on Mayo Road about 1.5 miles north of the city centre, 10-12 Mayo Road comprises recently renovated, 1, 2, and 3-bedroom flats.

The property was listed in February 2024 and received interest from a few buyers.

Ross Whiting, director at Innes England, said: “This was an interesting piece of property that was snapped up by the market once we advertised it on behalf of our client, with the property having scope to increase the rental profile. It’s a strong offering of high-quality rental residential properties, along with the amenities and transport links nearby both justify the almost £1m price tag.

 “To facilitate this deal for our client, our extensive knowledge of the East Midlands Property Market and its investors allowed us to marry up who would be right for taking the future of this property on.”