Summary - 48 BALFOUR ROAD NOTTINGHAM NG7 1NZ
6 bed 2 bath Terraced
Licensed, renovated property minutes from campus ideal for ready-made rental income.
HMO licence for six beds with substantial rental history
This six-bedroom terraced property in Lenton is offered as a ready-made HMO investment with an existing HMO licence for six and a long history of student lettings. Finished to a good standard, the sale includes furniture and white goods and the current 2025–26 rent roll is £33,696 per annum on a 52‑week tenancy (bills not included). Its location within walking distance of the University of Nottingham, QMC and local transport makes it highly lettable to students.
The house is newly renovated with an open-plan lounge and kitchen-diner, full double glazing and gas central heating via a combi boiler. EPC rating D. On-street permit parking only. The property is freehold and extends to approximately 1,216 sq ft across multiple storeys; plot and overall internal size are small compared with modern builds.
Notable practical points: crime levels in the area are above average and the wider neighbourhood is a deprived, student-dominated area — factors that influence tenant profile and management considerations. The property is sold as seen; purchasers should independently verify services, alarms, appliances and compliance with HMO conditions, and are advised to commission a survey and service reports before completion.
For an investor seeking a turn-key student asset close to campus, this house offers immediate income and minimal void risk in term-time. Buyers seeking family accommodation or a quiet residential street should note the strong student presence and local amenity mix.
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