Listed for £480,000
February 6, 2026
Sold for £120,000
2017
Sold for £110,000
2010
Sold for £249,995
2005
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Net Yield: 8.01%
This is a turnkey, fully let HMO with a proven rental track record, positioned in one of Nottingham's most reliable student letting areas. The neighbouring property at 56 Peveril Street is also available by separate negotiation, presenting an ideal portfolio purchase opportunity for serious investors.
2 Gadd Street, 54 Peveril Street & 56 Peveril Street can all be offered as a portfolio sale.
Portfolio Summary:
Total Gross Annual Rent: £134,160
Total Net Annual Income: £114,036
Total Asking Price: £1,420,000
Combined Net Yield: 8.03%
These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.
Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.