Summary - 25 GOODLIFFE STREET NOTTINGHAM NG7 6FZ
4 bed 1 bath Terraced
Chain-free Victorian terrace, investment-ready with fixtures included and excellent city access..
Four bedrooms — previously let successfully for ten years
Freehold, chain-free; fixtures and fittings included for immediate letting
Close to tram, universities, shops and local amenities
Single shower room; only one bathroom for four bedrooms
HMO licence expired Oct 2024; certificate of lawfulness applied for
High local crime and very deprived area — impacts tenant profile
Solid brick walls with no assumed insulation; potential retrofit costs
Sold at auction — 4.5% non-refundable reservation fee, plus buyer costs
A four-bedroom Victorian mid-terrace offering strong rental history and city-centre access, presented chain-free and sold freehold. The house has been let successfully for ten years and includes fixtures and fittings, making it attractive to investors seeking a ready-to-let opportunity. Goodliffe Street is close to the tram, universities and local amenities, easing tenant demand and short commutes.
The property retains period red-brick character with bay windows and standard ceiling heights, while recent updates include double glazing and gas central heating. Accommodation spans entrance hall, lounge, kitchen, ground-floor shower room and w.c., cellar storage, and four bedrooms including a third-floor master with en-suite w.c. There is a small garden to the rear.
Important cautions: the property sits in a very deprived area with high local crime statistics and previously held an HMO licence that expired in October 2024; a certificate of lawfulness has been applied for but is not guaranteed. The building is solid brick with no assumed wall insulation and has a single main bathroom, so refurbishment to modern standards may be needed to maximise returns.
Sale is by Modern Method of Auction. Buyers must allow for a non-refundable reservation fee (4.5% of price, minimum £6,600) plus pack and administration fees, and complete within stipulated timescales. Interested purchasers should undertake full due diligence, including checks on HMO licensing, planning and the buyer information pack.
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