Summary -
25, Albert Grove,NOTTINGHAM,NG7 1PB
NG7 1PB
5 bed 2 bath Semi-Detached
Freehold five-bed near universities with immediate income and upside potential.
- Licensed HMO for five bedrooms, scope to licence six occupants
- Currently fully let; guaranteed rent contract to 2029 (buy-out option)
- Potential rental income £34,000–£35,500 per year if maximised
- Period features: bay windows, high ceilings, large rooms
- Requires modernisation; some external joinery and possible damp repairs
- Small plot with minimal front yard; on-street parking only
- Located <1 mile to universities, QMC and city centre (strong student demand)
- Local area: above-average crime and higher deprivation
A Victorian five-bedroom semi in Lenton’s student heart, offered with an HMO licence and current guaranteed rent contract to 2029. The building’s period bay windows, high ceilings and large rooms give genuine character and clear appeal to student and rental markets; there is scope to increase income by adjusting occupancy and rents for the 2026/27 academic year.
This freehold sits less than a mile from Nottingham Trent University, University of Nottingham, Queens Medical Centre and the city centre, making it a strong let for students and short-distance renters. It is fully furnished and inclusive of bills for the current tenancy, with potential annual rental income estimated at £34,000–£35,500 if maximised to five/six occupants.
The property does need modernisation in parts: dated internal finishes, potential damp evidence externally, and some joinery/window refurbishment required. On-street parking only and a small forecourt limit kerbside convenience. The area shows above-average crime and higher deprivation, factors investors should weigh alongside strong student demand.
For an investor this is a hands-on opportunity: immediate rental income under a guaranteed contract to 2029, a lawful HMO use and room to raise yields by buying out the contract and optimising room mix and rents. For a buyer seeking owner-occupation, internal configuration and refurbishment will be needed to create a comfortable family home.
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