Summary - 17 GEDLING GROVE NOTTINGHAM NG7 4DU
9 bed 3 bath Town House
Ready-income investment near NTU with garage and proven rental history.
Fully licensed nine-bedroom HMO with legal HMO licence and compliance
Forecasted rental income £68,391 (25/26), rising to £71,145 (26/27)
Approx. 11.42% gross yield at the asking price of £599,000
0.5 miles to Nottingham Trent University; 367 ft to tram stop
Basement storage plus garage for tenant storage or secure access
Victorian mid-terrace: solid brick, built pre-1900; likely no wall insulation
Very high local crime and area rated very deprived — affects desirability
Small plot; works / energy upgrades may be required for efficiency
A fully licensed nine-bedroom mid-terrace HMO in NG7, this freehold Victorian townhouse offers immediate rental income and proven tenant demand. The property is arranged over multiple floors with an open-plan kitchen/diner, three bathrooms/WCs, basement storage and a garage — practical features for student and professional sharers. Forecasted income is £68,391 for 2025/26, rising to £71,145 for 2026/27, giving an approximate 11.42% gross yield on the asking price.
The location is the main draw: about 0.5 miles from Nottingham Trent University and only 367 feet from High School Tram Stop, providing excellent access across the city. Rooms are well-proportioned with high ceilings and natural light; the communal living areas are designed to support sociable shared occupancy and high turnover resilience in a student-focused market.
Buyers should note the wider neighbourhood is classified as a cosmopolitan student area but also suffers very high crime rates and significant deprivation, which can affect long-term capital growth and market perception. The building dates from before 1900 with solid brick walls assumed to have no cavity insulation, so future energy-efficiency upgrades may be needed to reduce running costs and meet tightening standards.
This is a hands-on investment: the HMO is compliant and yields strong rent, but the property suits buyers familiar with managing high-density lets and operating in areas with elevated local risks. The garage and basement storage add flexibility, while capped utilities and a proven rental history reduce operational uncertainty for a new owner.
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