Summary - 30 GROVE ROAD NOTTINGHAM NG7 1HJ
6 bed 3 bath Terraced
Turnkey, fully managed investment with immediate cash flow.
- Secured rent £46,800 per year until 31 July 2026
- Exceptional c.11% gross yield at asking price
- Six bedrooms designed for HMO licensing and high occupancy
- Three modern washrooms plus separate lounge and large kitchen
- Recently fully refurbished; minimal immediate maintenance required
- Freehold with double glazing and gas central heating
- Small external space; limited private garden or yard
- Located in a student-dominated, relatively deprived area
A ready-made, high-yield HMO close to the University and QMC, delivering a secured income of £46,800pa until July 2026. The mid-terrace Victorian property has been professionally refurbished throughout, with six double bedrooms, three washrooms, a large dining kitchen and a separate communal lounge — all arranged across three floors for efficient occupant turnover.
This freehold asset returns an exceptional gross yield of c.11% based on the asking price and has been let and managed, so it requires no immediate owner input. Recent upgrades include full double glazing, modern gas central heating and contemporary fittings, which reduce short-term maintenance demands and support premium rents.
Buyers should note the tenancy is contractually secured only until 31 July 2026 — strong near-term cash flow but with re-letting risk thereafter. External space is minimal (small front forecourt) and the property sits in a generally deprived, student-dominated neighbourhood, which influences tenant profile and long-term capital growth expectations.
Overall this is a turnkey investment for purchasers prioritising immediate rental income and hands-off ownership. It suits investors building or adding to a high-yield HMO portfolio who accept student-focused location dynamics and small external amenity provision.
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