Summary - 66 ADDISON STREET NOTTINGHAM NG1 4HA
8 bed 2 bath Semi-Detached
Eight double bedrooms near NTU — ready-to-rent investment with parking.
HMO licence for eight occupants with proven lettings history
A ready-made HMO investment in the heart of Nottingham, this eight-double-bedroom semi-detached house is licensed for eight occupants and has a strong lettings history targeted at Nottingham Trent University students. Recently renovated throughout, the property combines period character — high ceilings, bay window and cornice — with contemporary communal spaces including a large refitted kitchen and a separate refitted utility room with appliances.
Practical income details are in place: current projected rent £58,368 per annum (bills included) with HMO compliance already established. The layout includes a large living room, two bath/shower rooms, three WCs and off-street parking for 2–3 cars, which is rare for student properties so near the campus and city centre. Fast broadband and excellent mobile signal add to tenant appeal.
Known drawbacks are factual and important: the area records very high crime levels and very high deprivation indicators, which can affect insurance costs, management overheads and some tenant perceptions. Prospective buyers should verify appliance and service condition and consider additional security measures. Although the property is listed as newly renovated, buyers should commission their own surveys and checks before purchase.
This is best suited to an investor seeking an income-producing, HMO-compliant asset close to NTU and central transport links. The combination of period features and recent upgrades offers immediate lettable condition and potential to sustain demand, while acknowledged local challenges mean careful due diligence and professional management will protect returns.
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