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5 Bed HMO, Nottingham, NG1 4HN £275,000

Colville Villas, Nottingham, NG1 4HN - 22 views - a year ago
  1. Deal Search
  2. Nottingham
  3. NG1
  4. NG1 4HN
Sold STC
HMO
Refurb/BRRR
ROI: 4%
~178 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Nottingham
  • More Deals in NG1
  • More HMO Deals
  • More HMO Deals in Nottingham
  • More HMO Deals in NG1

Property History

Listed for £275,000

October 11, 2024

Floor Plans

Description

  • Kitchen-Diner +
  • Garden +
  • Gas Central Heating Combi Boiler +

This spacious 5-bedroom HMO, ideally located in the heart of Nottingham City Centre, offers a fantastic opportunity for investors or developers looking to add value to a property. Just a short walk from Nottingham Trent University and all the amenities the city has to offer, the location is perfect for students, ensuring high demand year-round. The property, currently vacant, provides ample space across five generously sized bedrooms, a communal kitchen, and a living area. While it requires some uplift and modernisation, this presents the chance to reimagine the space and significantly increase rental yield with the right improvements. The lower ground floor consists of a kitchen, with access to the garden, and a living room. The ground floor offers two spacious bedrooms, with a further bedroom found on the first floor. You will also find two generously sized bathrooms on the first floors. Bedrooms four and five are located on the second floor. The property has been continously let as an HMO for 5 + years and the vendor is in possesion of documentation proving this. The property is being sold with no onward chain, allowing for a quick and smooth process.

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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Investment Opportunity

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