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5 Bed HMO, Nottingham, NG9 1GX £375,000

397 Queens Road West, Beeston, Nottingham, NG9 1GX - 14 views - 2 years ago
  1. Deal Search
  2. Nottingham
  3. NG9
  4. NG9 1GX
Sold STC
HMO
Outside Article 4
ROI: 6%
~121 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Nottingham
  • More Deals in NG9
  • More HMO Deals
  • More HMO Deals in Nottingham
  • More HMO Deals in NG9

Property History

Listed for £375,000

April 17, 2024

Floor Plans

Description

  • No Upward Chain +
  • Popular Location +
  • HMO Investment +
  • Fully Tenanted +
  • HMO Licensed +
  • Council Tax band B +
  • Close to QMC and University of Nottingham +
  • Walking Distance to Amenities +

GUIDE PRICE £375,000-£385,000

A fantastic HMO with five en-suite double bedrooms, featuring shared living, dining, kitchen, and utility spaces. This property has been designed and developed to suit the needs of young professionals seeking a high-quality, secure home.

It boasts a fantastic location within walking distance to Beeston Town Centre and local transport links to the City Centre. Beeston offers a wide range of shops, from unique boutiques to large supermarkets and cinemas, catering to every need. Additionally, it benefits from a tram network providing access to the City, Queens Medical Centre, and more! The Skylink bus route stops moments from the property, providing convenient transportation to East Midlands Airport.

The property is fully occupied generating a rental income of £34,800 p/a, representing a gross yield of 9.2%. The seller is open to selling either the company that owns the property or the property itself.

Sold with no upward chain, this presents a great opportunity for investors looking to own a fully tenanted HMO!

Agent Details

Comfort Estates, Nottingham

0115 824 2853

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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