House For Sale £230,000
Hart Street, Lenton, Nottingham

Prime 4-Bedroom House in Lenton, Nottingham

Introducing a fantastic investment opportunity in the highly desirable Lenton area of Nottingham. This four-bedroom HMO is perfectly positioned for student accommodation, being close to the Nottingham University campus. With spacious living areas and strong rental potential, this property is an excellent choice for savvy investors.

Key Features:

Spacious Ground Floor: Featuring two reception rooms, ideally suited for use as a living room and dining room, a fitted kitchen diner, and a modern downstairs bathroom with a shower.

Comfortable Bedrooms: The first floor includes two bedrooms and a second shower room, providing convenience and privacy. The top floor houses two additional double bedrooms, each equipped with sinks, enhancing tenant comfort.

Well-Maintained: The property is in good condition, ready for students to move in and enjoy.
High Rental Potential: We anticipate investors can rent the rooms out for £125 per person per week (exclusive of bills), generating a gross annual income of £26,000.

Financial Highlights:

Strong Yield: With a gross yield of 11.3%, this property offers a solid return on investment, making it a compelling option for investors seeking high yields in a high-demand area.

Additional Information:

No Onward Chain: The property is available with no onward chain, ensuring a smooth and efficient purchase process.

Location:
Situated in the vibrant student hub of Lenton, this property benefits from its close proximity to Nottingham University, local amenities, and excellent public transport links. The area is known for its strong student community and convenient access to the city centre.