£300,000

4-BED HMO - FULLY LET & LICENSED…

This four bedroom HMO offers well balanced accommodation arranged over two floors, making it an excellent investment opportunity in a popular and well connected student location. The property is fully HMO licensed and benefits from a Certificate of Lawfulness granted by Nottingham City Council, providing full compliance and reassurance for continued multi-let use. Fully let until July 2027, generating an annual income of £29,119.92, the property provides a strong and attractive income stream from day one, equating to an approximate 8.7% gross annual rental yield. With returning tenants already in place, this is a great indication of the property’s ongoing rental appeal and its success as a student let. Situated in a convenient position approximately 300 metres, or a short five minute walk, to Nottingham Trent University campus, and within easy reach of Nottingham City Centre, the property is also close to a range of transport links including the tram, along with a variety of local amenities. This continues to make the area highly desirable for student tenants and supports consistent rental demand. The accommodation is arranged over two floors and comprises a lounge/kitchen, creating a practical communal space for modern student living, along with a ground floor bedroom and a ground floor W/C. To the first floor, there are three further bedrooms serviced by a bathroom suite, with the layout lending itself perfectly to shared accommodation. Externally, the property benefits from a private low maintenance courtyard, along with off-road parking, adding further appeal for tenants. Offered as a ready made investment in an established student area, this property combines a sought after location, proven tenant demand and a solid rental return, making it a great addition to any portfolio.

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