An opportunity to acquire a six-bedroom, two-bathroom licensed HMO in the heart of Lenton, Nottingham's most sought-after student location. Fully let for the 2024/25 academic year with a gross rental income of £34,320, this property offers an impressive 9% return on investment, making it a compelling addition to any landlord's portfolio.
Located in a prime spot just minutes from the University of Nottingham and popular student amenities, this property has been consistently in demand year after year. It provides a turn-key investment with a strong history of occupancy. Internally, the layout is practical and well-configured for student living. While fully functional as it stands, there is clear potential to elevate rental values through modernisation and redecoration. An upgrade to the internal finish would bring the property in line with top-performing comparables in the area and further increase yield.
Council Tax Band A
Agent Details
PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham
0121 647 8922
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