House For Sale £320,000
Rothesay Avenue, Nottingham

Having an existing HMO license and a fully occupied student tenancy in situ - which is currently generating an annual income of £31,200p/a over a 48-week term.

This investment opportunity also has the added benefit of a further security of tenue for the Sept 2024 - Aug 2025 academic year, at the same rate of yield proving future demand.

Being a student property, a series of renovations are undertaken between tenancies to ensure a high standard of property condition and also ensuring a regular maintenance regime from past to present.

The tenancy is also fully managed by the current manging agent who is also the party that has been successful in securing the future tenancy, so early into the present academic year.

The property briefly comprises of 5 private and self-contained bedrooms, one bathroom and one living/reception room and a good-sized kitchen with all appliances included in the sale. All present furnishings together with fixtures and fittings would also be included in the sale of the property.

As you would expect all Electrical installations, Gas, PAT test certificates are up to date.

On street parking is available for the occupants via the use of a residents permit and there is also a local convenience store on the corner of the street - made famous by the recent purported 'Banksy' Artist's child with bike piece

Looking for a great investment opportunity on one of Nottingham's most recently publicised street corners..? Look no further!

These sales particulars have been prepared by Belvoir Nottingham Central upon the instruction of the vendor. Any services, equipment and fittings mentioned in these sales particulars have NOT been tested, and accordingly, no warranties can be given.

Prospective purchasers must take their own enquiries regarding such matters. These sales particulars are produced in good faith and not intended to form part of a contract.