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7 Bed HMO, Nottingham, NG7 1QA £520,000

Bute Avenue, Nottingham, NG7 1QA - 13 views - a year ago
  1. Deal Search
  2. Nottingham
  3. NG7
  4. NG7 1QA
HMO
ROI: 2%
~217 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

Listed for £520,000

January 28, 2025

Floor Plans

Description

  • 24/25 ACADEMIC YEAR INCOME OF £48,459 (EXL. BILLS) +
  • 24/25 ACADEMIC YEAR INCOME OF £44,939 (EXL. BILLS) +
  • SEVEN-BEDROOM HMO PROPERTY +
  • TWO SHOWER ROOMS & WC +
  • LET OUT FOR NEXT ACADEMIC YEAR +
  • PROPERTY MANAGEMENT INCLUDED IN SALE +
  • GREAT LOCATION FOR STUDENTS OF BOTH UNI'S +

Here we have a great opportunity for investors to add to their portfolio! For sale is a terraced student HMO property that's in good condition throughout and ready to provide a steady stream of rental income. This property, located in a thriving area with strong local community ties to both Nottingham Trent University and The University of Nottingham. It has been well-maintained and features seven double bedrooms, perfect for welcoming groups of students in, each academic year.

The property is specifically designed to cater to student life. Each of the seven bedrooms is spacious enough to accommodate a double bed, while still providing ample room for personal belongings and study space. The rooms are spread across the home's three floors and provide a sense of privacy and personal space that is often sought after in student accommodation.

The property features two shower rooms, one located on the first floor and the other on the second, which offer practicality and convenience. Less need to worry about morning queues before lectures!

In addition, this property boasts an open-plan kitchen/living room. This communal space is perfect for socialising, studying, cooking and relaxing. Its open layout encourages interaction with housemates, making it a great place for students to bond and create memories.

The location of this property is almost as impressive as the property itself. It has excellent public transport links, making travel to and from university campuses or into town a breeze. It's also in close proximity to local amenities, so students won't have to travel far for their daily essentials or leisure activities.

Make your investment today and start reaping the benefits... For all enquiries, viewing requests or to create your own listing please visit the Emoov website.

Agent Details

Emoov, Chelmsford

01702 967858

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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