Income-focused property close to transport links and university amenities.
Licensed 8-bed, 8-bath HMO plus two self-contained 1-bed bungalows
Three HMO rooms currently let at £630pcm including bills
Total target income £81,360–£92,592pa (post-refurbishment targets)
New blocked paved driveway, lawned garden, decent plot size
EPC rating D; solid brick walls assumed without insulation
Mixed heating: mains-gas boiler plus some electric heaters in rooms
Sold at auction with 5% deposit and 4.8% buyer’s fee payable
Freehold; buyers must review Legal Pack for special conditions
A rare, newly refurbished semi-detached property arranged as an eight-bedroom, eight-bathroom licensed HMO plus two self-contained one-bed bungalows. The block-paved driveway, decent plot with lawned areas and proximity to Beeston transport links, University of Nottingham and QMC support strong rental demand for student and professional lets. Three HMO rooms are already let at £630pcm including bills; projected total income ranges £81,360–£92,592pa based on the stated room and bungalow targets.
This sale will be conducted at auction on 17 December 2025 with binding contracts exchanged at the fall of the hammer. Buyers must allow for the auction deposit (5%, minimum £5,000) and a non-refundable buyer’s fee of 4.8% (minimum £6,000 inc. VAT); review the Legal Pack for any further special conditions. The property is freehold and offered with an EPC rating D and council tax band D.
The refurbishment provides a turn-key HMO layout with multiple en-suites and a large communal kitchen/diner; two new one-bed bungalows are vacant and ready to let or re-purpose for short-term lets. Note some rooms use electric heaters while main heating is mains-gas boiler with radiators; walls are solid brick (assumed uninsulated). Prospective buyers should confirm insulation, service histories and compliance certificates post-refurbishment.
Suitable primarily for investors seeking an income-producing asset in a sought residential area, the property also offers longer-term value through rental yield and short-term let potential for the bungalows. Important negatives: EPC D, possible retrofit insulation costs, auction purchase costs and immediate legal commitment on sale day.
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