Key info
6Bedrooms
2Bathrooms
0 sqmSize
Property description
Strategy: HMO
An oppurtunity to acquire a six-bedroom, two-bathroom licensed HMO in the heart of Lenton, Nottingham’s most sought-after student location.
Fully let for the 2024/25 academic year with a gross rental income of £34,320, this property offers an impressive 9% return on investment, making it a compelling addition to any landlord’s portfolio.
Located in a prime spot just minutes from the University of Nottingham and popular student amenities, this property has been consistently in demand year after year. It provides a turn-key investment with a strong history of occupancy.
Internally, the layout is practical and well-configured for student living. While fully functional as it stands, there is clear potential to elevate rental values through modernisation and redecoration. An upgrade to the internal finish would bring the property in line with top-performing comparables in the area and further increase yield.
Council Tax Band A
Sourced reference: 162050015
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
Purple Frog Asset Management Limited
Birmingham
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