Summary - 10, Kilbourn Street NG3 1BS
4 bed 4 bath End of Terrace
**Standout Features:**
- End-terrace property with modern decor
- Four double bedrooms, each with ensuite bathrooms
- Strong rental potential as a House in Multiple Occupation (HMO), subject to license approval
- Gross rental income of approximately £33,400; offers a 9.5% yield
- Excellent location near universities and Nottingham City Centre
- Low-maintenance rear garden and open-plan living space
**Concise Summary:**
Discover this ideal investment opportunity in the heart of Nottingham, perfect for investors or families looking to capitalize on the thriving student market. This well-presented end-terrace home features four spacious double bedrooms, each with its own modern ensuite bathroom, ensuring comfort and privacy. The contemporary open-plan living room and kitchen bathe in natural light, while the low-maintenance rear garden offers a tranquil outdoor space.
Currently tenanted until August 2024, with future tenants secured for the 2024-2025 academic year at £165 per week per room, this property boasts a robust rental yield of approximately 9.5%. Its prime location, just a five-minute walk from Nottingham Trent University and close to local amenities, makes it an enticing option for renters.
While the property is generally in good condition, potential buyers should consider the high crime rate in the area and the socio-economic dynamics of the local community. The council tax band is affordable, making it an appealing option for budget-conscious buyers. This property presents an exceptional opportunity not to be missed—act quickly to secure your investment in this desirable locale!
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