Chain-free HMO with strong income and private courtyard — ready for investor management.
Seven-bedroom HMO over three floors, configured for shared rental
A compact, three-storey Victorian semi-detached house configured as a seven-bedroom HMO, offered chain-free and with tenants in situ. The property is presented in a modern style internally, with communal living room, kitchen and a private courtyard garden — an immediate income opportunity for a hands-on investor or small portfolio buyer.
Current tenants pay a combined gross rent of circa £36,000 pa, giving an approximate gross rental yield of 11.65% at the guide price. Accommodation spans ground, first and second floors (two ground-floor bedrooms, three on the first floor and two on the second) with one bathroom and one shower room. The building benefits from mains gas central heating and double glazing.
Notable positives include the strong rental income, good transport links to Nottingham city centre and West Bridgford, and the property being offered freehold and chain-free. The house sits on a small plot and is of solid brick construction (period build c.1900–1929), which may mean limited wall insulation unless upgraded — factor potential refurbishment and energy-efficiency works into running costs.
The location is in a lively, mixed community close to local amenities and several well-rated schools; the wider area shows signs of deprivation, so consider tenant profile and management requirements. The property is sold with tenants on periodic tenancies — viewings and possession arrangements will need managing if you plan immediate changes.