No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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6 bedroom detached house

Sold STC
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Detached house
6 bed
2 bath
EPC rating: D*
133 sq ft / 12 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Renovated throughout
  • Modern kitchen with appliances
  • Open plan lounge with wall mounted TV
  • 6 double bedrooms
  • Two bathrooms
  • Additional W/C
  • Driveway for 2/3 cars
  • Private rear garden
  • Great location
This is an amazing opportunity to own a beautiful six bedroom student HMO near to the University of Nottingham and the tram stop. The property is conveniently located, offering easy access to all the local amenities. The property itself is spacious, with six large bedrooms, an open plan kitchen and dining area, a large garden and three off-road parking spaces.

The property has been refurbished to a high standard, with new carpets and appliances throughout. The bedrooms are all of a good size, with plenty of storage space. The kitchen area is spacious and modern, with all the necessary appliances and plenty of worktop space. The garden is well maintained, with plenty of space for outdoor entertaining and BBQs.

The property has been let to a group of students for 23/24 at a rent of £37,000 PA with a current rent of £32,000 PA. This offers a great return on investment of 7.5% yield and peace of mind for the investor, knowing that the property is fully let for the next academic year. The property is managed by an experienced professional letting agency, who are on hand to deal with any queries or issues that may arise.

Furthermore, there is potential to develop the property further, with plans drawn up for adding en-suite bathrooms to each bedroom. This would increase the rent to over £45k PA, offering a great return on investment. These alterations could be made through internal works only, therefore, there would be no need to obtain planning permission. All that would be required is building regulations approval, making this an easy and cost-effective way to increase the value of the property.

Overall, this is an incredible opportunity to own a six bedroom student HMO near to the University of Nottingham and the tram stop. The property is in an excellent location and is already generating a healthy rental income. With the potential to develop the property further, this is a great investment.

To arrange a viewing, please [use Contact Agent Button].

Kitchen - Modern fitted kitchen with electric oven, gas hob, washer/dryer, American style fridge/freezer, dishwasher and laminate flooring.

Lounge - Two sofas, coffee table and wall mounted TV

Bedrooms - All equipped with bed and mattress, wardrobe, bedside cabinet, chest of drawers, desk with chair and wall mounted TV.

Bathroom - Two modern bathrooms with shower cubicles, tiled flooring and additional W/C

Disclaimer - Please note the director of Katie Homes has an interest in the property.

Property information from this agent

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    As lettings specialists, we have the knowledge and expertise to ensure our landlords can sit back and relax. We understand what’s important to landlords, and we do all the hard work to make sure our clients can enjoy a stress-free lifestyle whilst benefitting from their investment. Katie Homes Ltd launched in March 2009 and in a short space of time has become a successful, reputable letting agent with a rich and varied portfolio. We pride ourselves on our expert knowledge and “family values” approach to lettings.

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    *DISCLAIMER

    Property reference 32096089. 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.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 11, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 11, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    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
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on July 15, 2017 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.