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Three Storey, Five Bedroom, Hmo Student Property

Nottingham, NG7 - Get Access

Description

A superb three storey, Five bedroom, HMO student property in great letting location. Located in the NG7 Lenton area of Nottingham. Ideal for students going to either the UON or the QMC. The property is to be sold as an investment and includes all furnishings. It provides an excellent income for anyone looking to add this into their rental portfolio. Let for the 25/26 academic year paying £1,941.33 per month, including bills. Already let for the 26/27 academic year to 5 students paying £2,426.67 per month, including bills. A high yielding investment opportunity with income from day one.
Comparable sales
15, Hungerton Street, NG7 1HL 0.0 mi
House • Semi-Detached 6 rooms EPC D (2018)
1,130 sq ft
£310,000
10 months ago
59, Coleby Avenue, Lenton, NG7 2NF 0.0 mi
House • Mid-Terrace 6 rooms EPC C (2020)
840 sq ft
£172,500
9 months ago
51, Coleby Avenue, Lenton, NG7 2NF 0.0 mi
House • Mid-Terrace 6 rooms EPC D (2015)
883 sq ft
£186,000
1 year ago
Estimated market value
£
Range: £ — £
High confidence Floor Area: 1,001 sq ft (EPC)

The property is a five-bedroom semi-detached HMO student let in Nottingham. Valuation is based on its current use as an investment property, with income from day one. The valuation floor area of 1001 sq ft has been used for analysis. The property's good condition and desirable letting location have been considered.

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