Ready HMO near university with strong rental income potential.
Four double bedrooms, one with en-suite
A well-located four-bedroom mid-terrace offering immediate HMO income close to the University of Nottingham and QMC. The property is currently set up for high-yield letting with an indicated annual rental income of £28,800 and strong student demand in this cosmopolitan neighbourhood.
Internally the layout includes four double bedrooms (one en-suite), a separate living room, fitted kitchen and a modern shower room. There is an enclosed rear garden and scope for added value — for example loft conversion or cosmetic refurbishment — subject to consents. Council tax banding is low and broadband and mobile signals are strong.
Buyers should note the house is modest in overall size and built before 1900 with solid brick walls (no known insulation) and some dated decor. The living area description flags potential damp and small room sizes; the property likely requires cosmetic updating and may benefit from improved insulation and modernisation to maximise long-term returns.
This property suits an investor seeking a ready HMO in a high-demand student area, or a buyer prepared to refurbish for higher future yields. The location and existing income profile reduce void risk, but budget for refurbishment and possible remedial works when calculating returns.