78 Front Street
Arnold
Nottinghamshire
NG5 7EJ
The Edge, Nottingham
Asking Price £1,500,000
22 Bedroom Apartment
- HANDS OFF TURN KEY INVESTMENTS
- FULLY LET TO BLUE CHIP TENNANT LEASED UNTIL 2034
- 2 x 1 BEDROOM APARTMENTS
- 10 X 2 BEDROOM APARTMENTS
- BUILT FOR PURPOSE
- FREEHOLD BLOCK OF 12 APARTMENTS AND A COMMERICAL UNIT
- INCREMENTAL RENT INCREASES of 3.1% FROM 2026
- BUILDING ERECTED IN 2000
- CORNER PLOT
- EXCELLENT TRANSPORT LINKS MAKE FOR EASY LETTING
Modern freehold block of 12 self-contained flats (10 x 2-bed, 2 x 1-bed) producing £97,799 per annum, let in full to Bespoke Supportive Tenancies Ltd (BEST) – a national social housing provider – on a FRI lease until July 2034.
From April 2026, the lease includes contractual annual rent increases, offering built-in growth. The tenant is responsible for all repairs and internal management, creating a genuinely passive investment.
Also includes £600 p.a. from ground rent/service charges from a commercial unit (carpet shop) beneath, held under separate ownership. The block is in excellent condition with no capital works required.
Located in Nottingham’s NG6 area, with strong demand, excellent transport links, and proximity to retail and leisure amenities.
A rare chance to purchase a freehold residential block offering a secure, long-term income stream with minimal management input. The property comprises 12 purpose-built self-contained apartments – ten two-bedroom units and two one-bedroom units – aswell as a commercial unit on the ground floor currently producing a total gross income of £97,799 per annum, with guaranteed increases built into the lease from 2026 onward.
The building is leased in its entirety to Bespoke Supportive Tenancies Ltd (BEST), a well-established national provider of supported accommodation, under a Full Repairing and Insuring (FRI) lease that runs until July 2034. The tenant is fully responsible for all repairs, maintenance, and day-to-day management, making this an ideal hands-off investment.
The property is in good decorative and structural order, with no immediate capital expenditure required. In addition, the freehold includes a small ground rent and service charge income of £600 p.a. from a commercial unit (carpet retailer) located on the ground floor beneath the residential block, which is held under separate ownership.
Commercial Unit
Ground Floor
Entrance Hallway
Staircase to the first floor, door to communal room.
Communal Room
Storage cupboard, door to the shower room, door to the corridor leading to ground floor accommodation.
Shower Room
Corridor
Doors leading off to two apartments, boiler room.
Apartment 1
Entrance Hallway
Doors leading off to rooms.
Kitchen Living Diner
Bedroom One
Bedroom Two
Bathroom
Apartment 2
Entrance Hallway
Doors leading off to rooms.
Kitchen Living Diner
Bedroom One
Bedroom Two
Bathroom
First Floor
Corridor
Doors leading off to five apartments, staircase leading to the second floor.
Apartment 3
Entrance Hallway
Doors leading off to rooms.
Bedroom One
Bedroom Two
Lounge Kitchen Diner
Bathroom
Apartment 4
Entrance Hallway
Doors leading off to rooms.
Bedroom One
Bedroom Two
Lounge Kitchen Diner
Bathroom
Apartment 5
Entrance Hallway
Doors leading off to rooms.
Bedroom One
Bedroom Two
Lounge Kitchen Diner
Bathroom
Apartment 6
Entrance Hallway
Doors leading off to rooms.
Bedroom One
Bathroom
Lounge Kitchen Diner
Apartment 7
Entrance Hallway
Doors leading off to rooms.
Bedroom One
Bedroom Two
Bathroom
Lounge Kitchen Diner
Corridor
Doors leading off to six apartments.
Apartment 8
Entrance Hallway
Doors leading off to rooms.
Bedroom One
Bedroom Two
Lounge
Kitchen
Bathroom
Office
Apartment 9
Entrance Hallway
Doors leading off to rooms.
Bedroom One
Bedroom Two
Bathroom
Lounge Kitchen Diner
Apartment 10
Entrance Hallway
Doors leading off to rooms.
Bedroom One
Bedroom Two
Lounge Kitchen Diner
Bathroom
Apartment 11
Entrance Hallway
Doors leading off to rooms.
Bedroom One
Lounge Kitchen Diner
Bathroom
Apartment 12
Entrance Hallway
Bedroom One
Bedroom Two
Bathroom
Lounge Kitchen Diner
FOR SALE – The Edge Apartments, 10 Bar Lane, Nottingham NG6 0HU
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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