Summary - 2, Arnesby Road NG7 2EA
7 bed 2 bath Semi-Detached
Fully occupied student homes near university with immediate rental income.
Two separate lettable units under one deed, creating dual income streams
This semi-detached property on Arnesby Road offers a ready-made HMO investment close to the University of Nottingham and strong local transport links. The single deed comprises a larger five/six-room lettable unit plus a separately licensed two-bedroom annex, both currently fully furnished and tenanted, providing two distinct income streams from day one. Tenants are in situ on 51-week leases with a one-week handover, reducing void risk for an incoming owner.
The house dates from the 1930s and is of solid brick construction. It has mains gas boiler heating, double glazing (install date unknown) and a garage. The plot is a decent size for the area and the property totals approximately 1,669 sq ft — compact for seven bedrooms but efficiently arranged for student occupation.
There are clear value drivers for investors: location in a cosmopolitan student neighbourhood, immediate rental income, and scope to increase returns through refurbishment or reconfiguration. That potential comes with some practical drawbacks: the property shows dated fixtures and wear, walls are assumed uninsulated, and parts will need modernising to maximise yields and tenant appeal. Buyers should factor refurbishment costs and the very high local crime rate into their investment appraisal.
Guide price information is shown with a range of £525,000–£550,000 in the marketing materials; the file also lists a price of £500,000. Prospective purchasers are recommended to verify current pricing, tenancy details and HMO licence compliance, and to arrange a survey to confirm condition and any required works before committing.
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