**Standout Features:**
- Investment opportunity: Currently operating as a House in Multiple Occupation (HMO)
- Generates an annual gross income of £26,400
- Three bedrooms, including a self-contained apartment and bedsits
- Well-situated in an urban area with fast broadband speeds
- Freehold tenure
- Charming Victorian architecture with authentic red brick exterior
**Potential Downsides:**
- Above-average crime rates in the area
- Some aspects of the kitchen require updating
- Average-sized plot with limited outdoor space
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This Victorian terraced house in Nottingham presents a lucrative investment opportunity perfect for serious buyers looking to expand their portfolio. Currently functioning as an HMO, it boasts three well-sized bedrooms, including a self-contained apartment and two bedsits sharing a communal kitchen and bathroom—ideal for attracting long-term tenants. With a gross annual income of £26,400, this property promises strong rental yields in a culturally rich urban setting.
While the property enjoys excellent mobile connectivity and fast broadband speeds, it’s worth noting the above-average crime rate and the need for some kitchen updates. The small plot size limits outdoor space, but the convenience of nearby amenities, including schools and community centers, enhances the overall appeal. This opportunity is likely to generate significant interest, so act quickly to secure a property that offers both immediate income and the potential for future appreciation.