£600,000

8-BED FULLY LICENSED & FULLY LET HMO…

This substantial eight bedroom HMO offers spacious and well balanced accommodation arranged over two floors, making it an ideal investment opportunity in a prime 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 September 2027 and generating an annual income of £58,239.96, the property provides a strong and reliable income stream from day one, equating to an approximate 9.3% gross annual rental yield. Situated approximately 300 metres, or a short five minute walk, from Nottingham Trent University campus and within easy reach of Nottingham City Centre, the property is perfectly positioned to meet continued student demand in one of the city’s most popular rental areas, with a wide range of amenities, shops, bars, restaurants and transport links all close by. The accommodation is set across two floors and comprises an entrance hall, a spacious lounge, and a modern fitted breakfast kitchen complete with appliances, creating a practical and sociable layout for student living. The ground floor also benefits from a W/C, a shower room and two double bedrooms. To the first floor, there are a further six well proportioned bedrooms serviced by a bathroom suite. Externally, the property sits within a fully private and secure gated development, benefitting from off-road parking for two cars and a lawned and patio garden to the front, offering a pleasant and low maintenance outdoor space. Offered fully furnished throughout, this is a ready made investment with generous accommodation, strong rental appeal and an established letting position, making it an excellent addition to any portfolio.

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