Ready-made HMO near University of Nottingham — high yield, student demand..
- HMO licence for six beds with long letting history
- Contracted rent £39,000 pa for 2025–26 (bills excluded)
- Recently renovated; white goods and furniture included
- Three shower rooms; double bedrooms throughout
- Full double glazing and mains-gas combi boiler
- Small overall size and small rear plot
- Located in high-student, deprived area with above-average crime
- Freehold; close walking distance to University and transport links
A ready-made six-bedroom HMO occupying a Victorian semi in the heart of Lenton, a short walk from the University of Nottingham and QMC. The property holds a current HMO licence for six and produced a contracted rent of £39,000 for 2025–26, presenting a gross yield of about 8.5% at the asking price of £460,000.
Recently renovated and presented for immediate let, the house benefits from three shower rooms, double bedrooms, full double glazing and a mains-gas combi boiler. White goods and furniture are included, reducing set-up work for an investor and helping maintain continuous lettings in this established student neighbourhood.
Buyers should weigh clear positives against local and property-specific drawbacks. The area is described as a deprived, high-student neighbourhood with above-average crime; lettings are student-focused so occupancy and rent levels are seasonal. The plot and overall internal size are small, and while the property is newly renovated, purchasers are advised to commission their own service checks and surveys before exchange.
This is best suited to an investor seeking a turn-key HMO close to campus transport links, or a buyer able to continue student lettings with minimal immediate investment. The freehold ownership and existing licence simplify transfer, but verify licence conditions, service records and compliance prior to purchase.