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This property was removed from Dealsourcr.

Potential 4-Bed HMO, Nottingham, NG7 1SH £225,000

Mettham Street, Nottingham, NG7 1SH - 3 views - 2 years ago
  1. Deal Search
  2. Nottingham
  3. NG7
  4. NG7 1SH
HMO
Inside Article 4
ROI: 1%
~102 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Nottingham
  • More Deals in NG7
  • More HMO Deals
  • More HMO Deals in Nottingham
  • More HMO Deals in NG7

Property History

Price changed to £225,000

June 4, 2025

Listed for £240,000

June 14, 2024

Floor Plans

Description

  • HMO Licence for 3 +
  • Potential to increase number of lettable rooms +
  • EPC: E +
  • Council tax band: A +
  • Let for the 24-25 & 25-26 academic years +
  • Full Double Glazing +
  • Gas Central Heating Combi Boiler +

3 Bedroom HMO investment property. Located in the centre 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 2024-2025 and 2025-2026 on 52 week tenancies. The property has potential to increase the number of lettable rooms and significantly increase the rental income.

**2024-2025 Rental: **£18,252 PA (not inclusive of utilities) 2025-2026 Rental: £21,048 PA (Bills inc: G,W,E & Insurance) 52 Week tenancy - £26 pppw for bills

- White goods and furniture included - Potential for living room to be converted into 4th bedroom - Ideally located for Nottingham University students - On street permit parking available Tomlinson Estates do not manage this property

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.

Agent Details

Tomlinson Estate Management Limited, Lenton

0115 647 7487

Next Steps?

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

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