Summary - 39a Beech Avenue, New Basford NG7 7LJ
5 bed 3 bath Town House
Refurbished licensed HMO with immediate £33k pa income — ideal yield purchase.
Licensed five‑bed HMO producing £33,000 pa (£6,600 per room)
Two ensuite bedrooms; three rooms served by a shared bathroom
Turnkey, newly refurbished — let and income‑producing from day one
Modern communal kitchen with integrated appliances, low‑maintenance finishes
Approx 115 sq m (1,237 sq ft) across multiple floors, compact plot
High local crime and very deprived area — factor tenant risk and insurance
Solid brick construction with assumed no wall insulation; energy upgrades likely
Double glazing installed before 2002; further efficiency improvements possible
A fully licensed, newly refurbished five‑bed mid‑terrace HMO on Beech Avenue offering immediate, proven rental income. The property is let and produces £33,000 pa (£6,600 per room), making it a turnkey investment for buyers seeking instant cashflow and low‑void potential. Two bedrooms benefit from private ensuites; communal areas are modern and low maintenance.
Finished to a durable specification with tiled showers, contemporary fittings and integrated kitchen appliances, the layout maximises tenant comfort across four floors (approx. 115 sq m / 1,237 sq ft). The top‑floor double includes useful eaves storage; double glazing and a gas boiler with radiators provide basic energy efficiency and heating.
Notable negatives are factual and material: the area is very deprived with high local crime rates, the property sits on a small plot and is a mid‑terrace with assumed solid brick walls lacking cavity insulation. Double glazing predates 2002 and further energy upgrades may be required to improve efficiency or long‑term running costs. Buyers should verify services and legal compliance despite the current HMO licence.
For investors targeting Nottingham’s student and young professional market, this property offers immediate income and low management hassle. It suits purchasers prioritising yield and occupancy over large capital growth or a suburban setting.
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