Summary - 144 PORTLAND ROAD HUCKNALL NOTTINGHAM NG15 7SA
5 bed 5 bath Terraced
Immediate cashflow with high gross yield in a well-connected Hucknall location.
Five-bedroom HMO with tenants in situ and strong immediate rental income
A three-storey Victorian mid-terrace currently operated as a five-bedroom HMO, this freehold property offers a strong income profile with tenants in situ and an approximate 11.32% gross rental yield. Five bedrooms each have their own en-suite facilities, reducing communal pressure and simplifying management for an investor seeking immediate cashflow.
The layout includes a communal reception room, fitted kitchen/diner, low-maintenance front courtyard and paved rear seating area — minimal external upkeep for tenants. Built before 1900 with solid brick walls and double glazing, the property benefits from mains gas central heating and ultrafast broadband (up to 1800 Mbps), attractive for modern occupants and letting demand.
Buyers should note practical negatives: the house presents as a fixer-upper in places and may need updating and ongoing maintenance; original solid-wall construction likely lacks cavity insulation. The property is in an area with very high recorded crime levels, and the plot is small with limited external amenity. These factors affect running costs, insurance and tenant profiles and should be considered alongside the yield.
Overall, this HMO suits experienced landlords or investors wanting an immediate income-producing asset with room to add value through targeted refurbishment and management. Proximity to Hucknall tram and train links, local shops and schools supports continued rental demand, but assess refurbishment costs and local market conditions before purchase.
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