Key info
7Bedrooms
3Bathrooms
0 sqmSize
Property description
Strategy: HMO
Prime City HMO Investment Opportunity.
An attractive and substantial three-storey redbrick Victorian property, currently operating as a fully licensed 7-bedroom HMO with certificate or lawful use as sui generis 7-bed HMO . Let to students until summer 2026, the property generates a gross annual income of £46,900 (inclusive), delivering a strong gross yield of approximately 9.5%.
The property is well-maintained and benefits from spacious and functional communal areas, including a generously sized lounge, a well-equipped separate kitchen, and three modern bathrooms plus extra w.c. To the rear is a small private yard, offering potential for conversion into off-street parking (subject to the necessary consents).
Located on the popular Castle Boulevard, the property is perfectly positioned for both students and professionals. It offers easy access to Nottingham city centre, Nottingham Trent University, the University of Nottingham, and the QMC Hospital. Excellent transport links are nearby, including regular bus routes and tram access, with a wide range of local shops, amenities, and green spaces within walking distance.
Sourced reference: 164750660
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
M-s Estates
Nottingham
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