Summary - 24 FLAT 2 HOPE DRIVE NOTTINGHAM NG7 1DL
6 bed 2 bath End of Terrace
Turnkey student investment near universities and city centre.
Six-bedroom HMO producing approx. £43,335.37 annual income
This refurbished six-bedroom end-of-terrace HMO offers turnkey rental income in a prime Nottingham student corridor. Recently upgraded throughout, the property is let for the 2025/26 academic year and currently produces approximately £43,335.37 annually, reflecting a net yield of about 9.1% — a strong return for a freehold asset in a sought-after location.
Accommodation spans multiple storeys across approximately 1,830 sq ft and includes two bathrooms, a modern open-plan kitchen/dining area with glazed ceiling and patio doors, and double-glazed bedrooms with neutral decor. The building dates from 1900–1929 and benefits from mains gas central heating, fast broadband and excellent mobile signal — features attractive to students and professionals.
Practical considerations: the EPC is D and external walls are solid brick with assumed no cavity insulation, so energy-efficiency upgrades could reduce running costs and improve long-term value. The plot is small and the garden limited. Crime in the immediate area is very high, which may affect tenant profiles and insurance costs; this should be factored into management plans.
Overall, this property suits an investor seeking an established income stream close to Nottingham Trent University and the city centre. It offers immediate occupancy and rental history, with clear opportunities for incremental value through energy improvements and attentive management to mitigate local crime-related risks.
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