**Key Features:**
- 6-bedroom HMO, each with ensuite
- Generating £45,000 annually (11.39% GIY)
- Fully let for 2024/2025 & 2025/2026 academic years
- Prime location within walking distance of NTU and Nottingham City Centre
- Ground floor retail unit sold on a 999-year leasehold
- Attractive mix of modern and vintage architecture
This exceptional commercial property at 207 Mansfield Road, Nottingham, combines potential profitability with prime real estate charm. Designed as a 6-bedroom House in Multiple Occupation (HMO), each spacious room features an ensuite, catering to the demands of today’s students. With a projected rental income of £45,000 per annum and fully let for the next two academic years, this opportunity is perfect for savvy investors seeking consistent cash flow.
Nestled strategically for those keen on vibrant urban life, the property boasts a colorful facade that stands out amid traditional architecture. The inviting communal kitchen and living space enhance community living, while the quiet garden patio serves as a private retreat. Take advantage of fast broadband and excellent mobile signal—perfect for modern lifestyles.
While the property's location offers high foot traffic and accessibility, potential owners should be aware of the area's higher crime rate and localized deprivation concerns. Nevertheless, the burgeoning student population and proximity to NTU and local amenities present ongoing demand and rental potential. Don’t miss out on this rare investment opportunity—properties of this caliber in such a desirable location are not likely to last long!
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