House For Sale £400,000
Ideal investment opportunity...
This five bedroom end terrace HMO property would make for an ideal investment opportunity for any new or experienced landlord looking to expand their portfolio as it is currently fully let and generates a rental yield of 7.5%. Situated in the popular location of Lenton, just a short distance from Nottingham City Centre and all of the amenities that it has to offer including shops and a range of eateries along with national and regional transport links. To the ground floor of the property is an entrance hall, a bay fronted reception room which is currently being used as a bedroom, a lounge and a kitchen. To the first floor of the property are three bedrooms serviced by a shower room suite. The second floor of the property is host to the final two bedrooms serviced by a three piece bathroom suite. Outside to the front of the property is the availability for on street parking, to the rear is a private low maintenance courtyard.
Must be viewed
Ground Floor
Hallway (3.63m x 0.89m (11'11" x 2'11"))
Reception/Bedroom (4.12 x 3.36 (into bay) (13'6" x 11'0" (into bay)))
This space has wooden flooring, coving to the ceiling, a feature fireplace, a radiator and a UPVC double glazed bay window to the front elevation
Living Room (3.63 x 3.47 (11'10" x 11'4"))
The living room has laminate flooring, coving to the ceiling, space and plumbing for a washing machine and a UPVC double glazed window to the rear elevation
Kitchen (2.99 x 2.65 (9'9" x 8'8"))
The kitchen has tiled flooring, a range of fitted base and wall units with fitted countertops, a stainless steel sink with a drainer and mixer taps, an integrated oven with an electric hob and extractor hood, space and plumbing for a washing machine and a dishwasher, a wall mounted boiler, partially tiled walls, a radiator, a UPVC double glazed window to the side elevation and a UPVC door to access the rear garden
First Floor
Landing (5.32 x 1.52 (max) (17'5" x 4'11" (max)))
The landing has laminate flooring, a radiator, an in-built cupboard and provides access to the first floor accommodation
Bedroom Three (3.32 x 2.63 (10'10" x 8'7"))
The third bedroom has wooden flooring, a radiator and a UPVC double glazed window to the front elevation
Bedroom Four (2.97 x 2.68 max (9'8" x 8'9" max))
The fourth bedroom has exposed wooden flooring, a radiator and a UPVC double glazed window to the rear elevation
Bedroom 5 (3.66 x 2.78 (12'0" x 9'1"))
Bathroom (1.68 x 1.67 (5'6" x 5'5"))
The bathroom has tiled flooring, a low level flush WC, a pedestal wash basin with stainless steel mixer taps, a shower enclosure with a wall mounted shower fixture and glass shower screen, fully tiled walls, a radiator and a UPVC double glazed obscure window to the front elevation
Second Floor
Landing (1.17 x 1.09 (3'10" x 3'6"))
The landing has exposed wooden flooring, an in-built cupboard and provides access to the first floor accommodation
Bedroom One (4.11 x 3.32 max (13'5" x 10'10" max))
The main bedroom has exposed wooden floorboards, a radiator and a Velux window
Bedroom Two (3.12 x 2.28 (10'2" x 7'5"))
The second bedroom has exposed wooden flooring, a radiator and a UPVC double glazed window to the rear elevation
Bathroom (1.69 x 1.43 (5'6" x 4'8"))
The bathroom has tiled flooring, a low level flush WC, a pedestal wash basin with stainless steel taps, a panelled bath with chrome fixtures, fully tiled walls and a radiator
Outside
Front
To the front of the property is the availability for on street parking
Rear
To the rear of the property is a private low maintenance courtyard
Disclaimer
Council Tax Band Rating - Nottingham City Council - Band B
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
The vendor has advised the following:
Property Tenure is Freehold
Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.
Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(mlr 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. Passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.
Third Party Referral Arrangements - HoldenCopley have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.
This five bedroom end terrace HMO property would make for an ideal investment opportunity for any new or experienced landlord looking to expand their portfolio as it is currently fully let and generates a rental yield of 7.5%. Situated in the popular location of Lenton, just a short distance from Nottingham City Centre and all of the amenities that it has to offer including shops and a range of eateries along with national and regional transport links. To the ground floor of the property is an entrance hall, a bay fronted reception room which is currently being used as a bedroom, a lounge and a kitchen. To the first floor of the property are three bedrooms serviced by a shower room suite. The second floor of the property is host to the final two bedrooms serviced by a three piece bathroom suite. Outside to the front of the property is the availability for on street parking, to the rear is a private low maintenance courtyard.
Must be viewed
Ground Floor
Hallway (3.63m x 0.89m (11'11" x 2'11"))
Reception/Bedroom (4.12 x 3.36 (into bay) (13'6" x 11'0" (into bay)))
This space has wooden flooring, coving to the ceiling, a feature fireplace, a radiator and a UPVC double glazed bay window to the front elevation
Living Room (3.63 x 3.47 (11'10" x 11'4"))
The living room has laminate flooring, coving to the ceiling, space and plumbing for a washing machine and a UPVC double glazed window to the rear elevation
Kitchen (2.99 x 2.65 (9'9" x 8'8"))
The kitchen has tiled flooring, a range of fitted base and wall units with fitted countertops, a stainless steel sink with a drainer and mixer taps, an integrated oven with an electric hob and extractor hood, space and plumbing for a washing machine and a dishwasher, a wall mounted boiler, partially tiled walls, a radiator, a UPVC double glazed window to the side elevation and a UPVC door to access the rear garden
First Floor
Landing (5.32 x 1.52 (max) (17'5" x 4'11" (max)))
The landing has laminate flooring, a radiator, an in-built cupboard and provides access to the first floor accommodation
Bedroom Three (3.32 x 2.63 (10'10" x 8'7"))
The third bedroom has wooden flooring, a radiator and a UPVC double glazed window to the front elevation
Bedroom Four (2.97 x 2.68 max (9'8" x 8'9" max))
The fourth bedroom has exposed wooden flooring, a radiator and a UPVC double glazed window to the rear elevation
Bedroom 5 (3.66 x 2.78 (12'0" x 9'1"))
Bathroom (1.68 x 1.67 (5'6" x 5'5"))
The bathroom has tiled flooring, a low level flush WC, a pedestal wash basin with stainless steel mixer taps, a shower enclosure with a wall mounted shower fixture and glass shower screen, fully tiled walls, a radiator and a UPVC double glazed obscure window to the front elevation
Second Floor
Landing (1.17 x 1.09 (3'10" x 3'6"))
The landing has exposed wooden flooring, an in-built cupboard and provides access to the first floor accommodation
Bedroom One (4.11 x 3.32 max (13'5" x 10'10" max))
The main bedroom has exposed wooden floorboards, a radiator and a Velux window
Bedroom Two (3.12 x 2.28 (10'2" x 7'5"))
The second bedroom has exposed wooden flooring, a radiator and a UPVC double glazed window to the rear elevation
Bathroom (1.69 x 1.43 (5'6" x 4'8"))
The bathroom has tiled flooring, a low level flush WC, a pedestal wash basin with stainless steel taps, a panelled bath with chrome fixtures, fully tiled walls and a radiator
Outside
Front
To the front of the property is the availability for on street parking
Rear
To the rear of the property is a private low maintenance courtyard
Disclaimer
Council Tax Band Rating - Nottingham City Council - Band B
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.
The vendor has advised the following:
Property Tenure is Freehold
Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.
Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(mlr 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. Passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.
Third Party Referral Arrangements - HoldenCopley have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.
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