Summary - 16, Barrack Lane NG7 1AN
9 bed 3 bath Semi-Detached
Fully licensed 9-bed HMO in Park Estate delivering 9.1% gross yield and long-term tenancies.
- Fully licensed nine-bedroom HMO with Certificate of Lawfulness
- Let until August 2026, producing £68,328 pa (9.1% gross yield)
- Located in Park Estate; strong demand from students and professionals
- Off-street parking for three cars and a large private garden
- Presented in good condition; little immediate work required
- Leasehold tenure; council tax described as expensive
- Solid brick walls assumed uninsulated; potential for energy upgrades
- Area records higher-than-average crime; factor into management costs
A substantial nine-double-bedroom semi-detached HMO in Nottingham’s sought-after Park Estate, offered chain free with an existing licence and Certificate of Lawfulness. Currently let until August 2026, the property produces £68,328 pa, representing a 9.1% gross yield — a rare, income-generating opportunity in a high-demand student and professional area.
The building retains Edwardian character—bay windows, high ceilings and a generous three-storey layout—while the interior is presented in good order and requires little immediate remedial work. Practical features include off-street parking for three cars, a large private garden and fast broadband; these factors support strong tenant appeal to students and young professionals.
Buyers should note this is a leasehold property and council tax is described as expensive. The building’s solid brick walls are assumed to lack insulation, offering scope for energy-efficiency improvements and potential capital uplift if undertaken. The neighbourhood records higher crime levels than average, which may affect some management considerations and pricing assumptions.
Overall, this is a hands-off income asset for a portfolio-minded buyer who values immediate rental return and location: fully licensed, tenanted, and located within easy reach of transport links and local amenities. There is clear potential for further value through targeted upgrades or long-term management optimisation.
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