Easy income in a prime student location with immediate lets and HMO licence.
HMO licensed four double bedrooms and two bathrooms
Let for 24/25 at £27,800 pa; re-let 25/26 at £29,200 pa
Guide price £310,000 — gross yield approx. 9.4% (based on rent)
Sold freehold, chain-free; furnished with white goods included
Small rear garden; plot and overall size are modest
Solid brick walls — no confirmed insulation; energy upgrades likely
Medium flood risk and area records very high crime levels
Close to University of Nottingham, QMC and city centre transport
This four-double-bedroom mid-terraced Victorian property is a ready-made HMO investment in Lenton, close to the University of Nottingham, QMC and city centre transport links. Currently let for £27,800 pa and agreed to let at £29,200 pa for 2025/26, the income delivers a high gross yield around 9.4% at the guide price of £310,000. The property is sold freehold, chain-free and HMO licensed, and comes furnished with white goods and items typically used by tenants.
Accommodation is arranged over two floors with two bathrooms, a dedicated living room and a large extended kitchen that opens onto a small rear garden. The house retains period character externally and has been updated in parts internally; it benefits from gas central heating, double glazing and an EPC rating D. The current setup suits student and professional tenancies and offers immediate rental income without refurbishment delays.
Buyers should note material considerations: the plot is small and the area records very high crime levels; walls are original solid brick with no confirmed insulation and the house sits in a medium flood-risk zone. While parts have been modernised, some elements may need further updating or ongoing maintenance to meet future HMO compliance or energy-improvement goals. The property is in a dense, cosmopolitan student neighbourhood where demand is strong but stock turnover and wear-and-tear are higher than average.
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