Summary - 9, FREDERICK GROVE NG7 1SG
6 bed 2 bath Terraced
**Standout Features:**
- 6 bedrooms and 2 bathrooms
- Licensed HMO with a gross rental income of £34,320
- Impressive 9% ROI, fully rented for the upcoming academic year
- Prime location near the University of Nottingham and local amenities
- Potential for modernisation and increased rental value
- Freehold tenure with low council tax (Band A)
**Overview:**
Discover an exceptional investment opportunity with this six-bedroom, two-bathroom terraced house in the vibrant Lenton area of Nottingham. Fully let for the 2024/25 academic year, this licensed HMO generates a stable gross rental income of £34,320, providing a robust 9% return on investment. Positioned just minutes from the University of Nottingham and popular student hotspots, this property guarantees consistent demand and offers a practical layout ideal for student living.
While the house is functional as-is, savvy investors will appreciate the potential to modernize and elevate its rental appeal, aligning it with the top-performing properties in the area. The current setup presents an exciting canvas for improvements that could boost returns even further. Enjoy the benefits of a crime-free neighborhood with excellent mobile and broadband connectivity. This terraced home, originally constructed in the early 20th century, combines Victorian charm with contemporary living possibilities, making it a valuable addition to any property portfolio. Don’t miss this unique chance to invest in a prime location—opportunities like this won’t last long!
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