This property is no longer on the market
7 bedroom semi-detached house
Key information
Property description & features
- 7 large bedrooms
- 2 bathrooms
- Additional W/C
- Student HMO
- 7% yield with potential to improve
- Large driveway
Katie Homes are delighted to present this fantastic student HMO investment opportunity located on Derby Road in Lenton, a sort after and well performing student location on the doorstep of the University of Nottingham, located on a bus route a allowing easy access into Nottingham City Centre. The property is located on very close to the QMC and Jubilee Campus.
The property comprises of kitchen with appliances, large lounge with feature fireplace and two bedrooms to the ground floor, three double bedrooms and two bathrooms to the first floor and a further two bedrooms and additional wc to the 2nd floor. The driveway big enough for seven cars and a maintenance free rear yard.
The property is currently tenanted for £120pppw excluding bills on a 51 week basis, producing £42,840 per annum.
Overview - 7 double bedroom HMO property in the popular student area of Lenton within a short commute to Queens Medical Centre and University of Nottingham. Current Let for £120pppw excluding bills until 31st July 2023 to seven students £43,680PA. The property briefly comprises of spacious open plan kitchen/lounge space with access to the rear yard. 7 double bedrooms and two bathrooms with additional W/C. The property boasts many original features and potential to improve the rental yield.
Bedroom One - 4.45 x 3.94 (14'7" x 12'11") -
Bedroom Two - 4.54x 3.42 (14'10"x 11'2") -
Bedroom Three - 4.54x 3.41 (14'10"x 11'2") -
Bedroom Four - 3.94x 3.89 (12'11"x 12'9") -
Bedroom Five - 4.41x 3.95 (14'5"x 12'11") -
Bedroom Six - 4.56 x 3.43 (14'11" x 11'3") -
Bedroom Seven - 3.93 x 3.91 (12'10" x 12'9") -
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Property reference 32043953. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Katie Homes - Nottingham.
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Broadband availability and predicted speed: obtained from Ofcom on January 12, 2023
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 12, 2023
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area: obtained on November 6, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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