Fully let Victorian HMO near university — auction sale with 5th-bedroom potential..
Fully let four-bedroom HMO producing £23,380 per annum
A freehold, three-storey Victorian terraced HMO arranged as four double bedrooms across three floors, currently fully let and producing £23,380 pa. The property sits in the heart of Beeston, under a mile from the University of Nottingham and close to Middle Street tram stop and Beeston train station — convenient for student and commuter demand.
This is a short‑term income-focused opportunity for investors comfortable buying at auction. There is planning potential to create a fifth lettable bedroom (subject to consents), offering straightforward rental uplift if approved. A small rear garden and on-street parking add practical appeal for tenants.
Buyers should note material negatives: the area is classified as deprived with above-average crime levels, and the plot is small. The property will be sold at public auction and is offered as a freehold HMO — any purchaser must allow for auction purchase timings and complete required compliance checks for HMOs and any alterations.
Overall, the house suits an investor seeking immediate rental income with short-term enhancement potential near strong rental demand from students and workers. Proceed with standard due diligence on HMO compliance, energy efficiency and any works needed to convert or upgrade accommodation.