Summary - 248, North Sherwood Street NG1 4EN
3 bed 1 bath Terraced
Turnkey student HMO near Nottingham Trent University — let and income-producing until 2026..
Fully let HMO until June 30, 2026
Current inclusive income £17,065 per annum
Three spacious double bedrooms, separate lounge
Single bathroom for three bedrooms (HMO layout)
Gas central heating and double glazing installed
Built pre-1900; solid brick walls, likely no insulation
High local crime and very deprived neighbourhood
Close walking distance to Nottingham Trent University
A ready-made student HMO in NG1, this mid-terrace Victorian property is fully let to June 30, 2026, producing a current inclusive income of £17,065 per year. Its three double bedrooms, separate lounge and kitchen, gas central heating and modern double glazing deliver low-maintenance, consistent returns close to Nottingham Trent University.
The building’s period character and straightforward layout make it easy to manage for an investor targeting the student market. The property’s compact rooms and single bathroom reflect its HMO use; turnover has been reliable in this cosmopolitan student neighbourhood, supporting steady occupancy and rental income.
Material points to note: the house is pre-1900 with solid brick walls and assumed lack of cavity insulation, the local area records high crime and very high deprivation, and the HMO is tenanted until mid-2026 so vacant possession won’t be immediate. These factors affect purchaser profile and management approach but do not negate current income performance.
Overall, this is a pragmatic, low-effort buy for an investor seeking an off-the-shelf student-let in a proven letting location. It suits someone prioritising immediate yield over refurbishment upside, though modest modernisation or insulation work could reduce running costs and improve long-term appeal.
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