Ready-made HMO with strong rental income and off-street parking.
HMO licence for four residents
A ready-made, mid-terrace HMO in the heart of Lenton, positioned for University of Nottingham demand. The property is let for the 2024–25 and 2025–26 academic years, producing £29,120 pa (including bills) under a 52-week tenancy, with a history of successful student lets and an HMO licence for four. That income profile makes this appealing for investors seeking an operational asset with immediate cashflow.
The house is arranged over multiple floors with an open-plan lounge, modern kitchen, balcony and a rear garden that backs onto the canal. Practical features include full double glazing, gas combi boiler central heating, off-street parking and an accessible location close to bus and tram links, QMC and the city centre.
Buyers should note the property has a single bathroom and a small plot; the local area is classified as a student neighbourhood and shows higher area deprivation indicators. Services and appliances have not been independently tested — purchasers are advised to commission surveys and checks. Overall, this offers straightforward HMO income with potential for ongoing management or refurbishment to enhance yields.
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