Ready-to-rent investment close to university and hospital.
HMO licence in place (renewed 2024) suitable for student tenancy
A four-bedroom HMO-licensed end-of-terrace in Lenton, offered freehold with strong let potential close to the university and QMC hospital. The house suits investors seeking a ready-made student let or parents looking for secure accommodation for studying children; the licence was issued in 2024 and recent income was £24,104 (2024/25), with suggested market rent of c. £27,000 for 2026/27.
The layout supports social student living: a rear lounge opening to a functional kitchen, cellar storage and a small rear garden with lawn and patio. Bedrooms are spread over three floors — two good first-floor rooms, a front reception/bedroom with bay window, and an attic-room with Velux windows and eaves storage. The property has mains gas central heating, double glazing and a D EPC rating.
Buyers should budget for fabric and efficiency work. The solid brick walls likely lack modern insulation, the property dates from the 1930s–40s and reads as a characterful period house needing some updating. There is a single bathroom for four occupants, and the location has a medium flood risk and very high local crime rates which could affect insurance and tenant mix.
Overall this is a compact, income-producing opportunity in a prime student neighbourhood. Its strengths are location, HMO compliance and immediate rental history; its limitations are tight communal facilities, maintenance and retrofit needs, and local safety considerations that an investor should factor into yield calculations.
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