- 3 Bedroom HMO +
- Let for the 23-24 & 24-25 academic years +
- Substantial history of use +
- Garden +
- Fridge Freezer +
- Full Double Glazing +
- Oven/Hob +
- Gas Central Heating Combi Boiler +
3 Bedroom HMO investment property. Located in a quiet cul-de-sac in the heart of Lenton, within walking distance of the University of Nottingham, the city centre and local amenities.
The property has an HMO licence and a long history of use as an HMO. It's currently let to 3 students for the academic years 2023-2024 and 2024-2025 on 52 week tenancies.
2023-2024: £21,372 PA (£137 pppw inclusive of gas, water, electric & broadband).
Bills fair usage agreement of £30 pppw.
2024-2025: £22,464 PA (£144 pppw inclusive of gas, water, electric, broadband & contents insurance)
Bills fair usage agreement of £35 pppw.
The property is a freehold. Upon purchase, the owner becomes a shareholder of the managing company. Service charges of approximately £200 PA apply and these cover maintenance of the Lenton Manor estate.
Living Room - 4.81m x 3.64m (15'9" x 11'11")
Spacious living room with sofas and dining area, located on the first floor.
Kitchen - 2.05m x 3.64m (6'9" x 11'11")
Fitted kitchen with dishwasher, washing machine, fridge freezer, gas hob and electric oven.
Bedroom 1 - 2.10m x 3.64m (6'11" x 11'11")
Ground floor bedroom, with large patio doors, access to the back garden. Fully furnished, with carpeted flooring.
Bedroom 2** - 2.10m x 3.64m** (6'11" x 11'11")
Second floor rear bedroom, with double glazed windows and carpeted flooring. Fully furnished, with carpeted flooring.
Bedroom 3 -** 2.96m x 3.03m** (9'8" x 9'11")
Second floor front bedroom, with double glazed windows and carpeted flooring. Fully furnished, with carpeted flooring.
Ground Floor W.C.
Located by the entrance to the property, contains WC and wash hand basin.
Bathroom
Located on the second floor. Contains WC, wash hand basin, bath with shower.
External & Garden
2 parking spaces available on the driveway, as well as one permit parking. The back garden has access from the ground floor bedroom.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.