**Standout Features:**
- 5 Double Bedrooms, 2 Bathrooms
- Attractive 12% Gross Yield and potential gross monthly income of £2,700 (bills included)
- Popular location with excellent transport links and amenities
- Well-maintained with a separate lounge and spacious kitchen
- Freehold property, ideal for investors
**Notable Concerns:**
- High local crime rate
- Area classified as deprived
- Solid brick walls with no assumed insulation
Explore this fantastic investment opportunity with a well-maintained 5-bedroom House of Multiple Occupation (HMO) on Alfreton Road, Nottingham. Perfectly positioned, this property boasts a lucrative potential rental income of £2,700 per month, providing an impressive 12% yield that will attract savvy investors looking for high returns in a thriving rental market.
Currently configured with spacious bedrooms, a comfortable lounge, and a practical kitchen, it offers ample living space for tenants, appealing particularly to students and young professionals. With its proximity to Nottingham City Centre and local amenities, it guarantees strong tenant demand and quick occupancy.
However, prospective buyers should be mindful of the area's higher crime rates and the classification of deprivation. The property features solid brick walls without insulation and double glazing that may need updates to ensure energy efficiency. This Victorian mid-terrace offers both charm and potential—an ideal canvas for those looking to inject personal touches and enhancements for future value. Don’t miss out; seize this opportunity to invest in Nottingham's promising rental scene!
