Turnkey five-bed HMO in prime Lenton — immediate income and 10.7% gross yield..
Let until 31 July 2026 guaranteeing rental income
Gross rental income £33,750 per year (10.7% gross yield)
Five double bedrooms arranged as a licensed HMO
Modern open-plan kitchen/lounge; turnkey condition
Single shared bathroom for five bedrooms (limited facilities)
Small plot, no clear rear garden shown in images
Victorian solid-brick build; insulation status unconfirmed
Area: high rental demand but generally deprived locale
This five-bedroom mid-terrace HMO in Lenton offers an immediate, high-yield income stream. Let until 31 July 2026, the property produces £33,750 per year (10.7% gross yield), making it an attractive turnkey addition to an investment portfolio targeting students and private renters.
The house is a Victorian-era, three-storey terrace with high ceilings, sash-style windows and solid brick walls. Internally it benefits from a modern open-plan kitchen/lounge, five double bedrooms and full gas central heating. Double glazing is fitted throughout, though installation dates are unknown.
Important considerations: the property has a single bathroom serving five bedrooms, a small plot with no clear rear garden included in the images, and the building is pre-1900 with solid brick walls (no confirmed wall insulation). The neighbourhood is a popular student and private-renting area but is classified as deprived overall, which can affect long-term capital growth.
This is a straightforward, income-first purchase for buyers prioritising yield and tenancy security. The existing tenancy and turnkey presentation minimise void risk but restrict immediate vacant possession or refurbishment without tenant cooperation.