Summary - 23 Manvers Street NG2 4PB
3 bed 3 bath Terraced
Immediate income-producing three-bed in NG2, ideal for buy-to-let portfolios.
- Three-bedroom mid-terrace HMO with tenants in situ
- Reported current annual income £17,160
- Close to Nottingham city centre; excellent connectivity
- Modern kitchen/diner and two shower rooms
- Total area approx 1,122 sq ft across multiple storeys
- Very high local crime and very deprived area classification
- Electric storage heaters; likely higher running costs
- Solid brick walls assumed uninsulated; double glazing date unknown
A ready-made HMO investment in NG2, this three-bedroom mid-terrace currently produces a reported annual income of £17,160 and is sold with tenants in situ. The property sits close to Nottingham city centre with excellent mobile signal, fast broadband and a wide range of nearby amenities that suit students and working professionals.
Internally the house is presented in reasonable order with a modern kitchen/diner and two shower rooms, offering immediate rental income with minimal short-term expenditure. At about 1,122 sq ft across multiple storeys the rooms are compact but functional, suitable for HMO layouts or continued portfolio letting.
Buyers should note material location and fabric considerations: the neighbourhood is classed as very deprived with a very high crime rate. Heating is via electric storage heaters and the property appears to have solid brick walls with no installed cavity insulation (assumed), which may lead to higher running costs. Double glazing is present but installation date is unknown.
This is a practical purchase for investors seeking immediate cashflow in a city-centre fringe position. Consider budgeting for ongoing management, security measures and potential energy-efficiency improvements if targeting longer-term rent stability or capital growth. Tenure is not specified and should be confirmed prior to exchange.
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