£300,000

5 bedroom terraced house for sale

Lenton, NG7
terraced house terraced house
bedrooms 5 bedrooms
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Property description

Stylish 5-Bedroom HMO in Dunkirk, NottinghamIntroducing a fantastic investment opportunity in Dunkirk, Nottingham—a spacious five-bedroom HMO ideal for maximizing rental income and providing comfortable living. This property is perfect for investors looking to capitalize on Nottingham's strong rental market with a secure, high-yield asset.Versatile Layout: The ground floor features one double bedroom with shower room, a cozy living room, a well-appointed kitchen, and a modern downstairs bathroom with a shower. This layout provides a comfortable and practical living space for tenants.Additional Comforts: The first floor includes two generous double bedrooms and a third contemporary shower room. The second floor houses two more double bedrooms, offering privacy and space for occupants.Fully Furnished: All bedrooms are thoughtfully furnished with beds, mattresses, wardrobes, and drawers, ensuring tenants can move in with ease.Modern Enhancements: Recent refurbishments include new flooring and redecoration throughout, giving the property a fresh and inviting feel.HMO Licensed: This property holds a valid HMO license, meeting all necessary compliance standards and providing a secure investment.Financial Highlights:Strong Rental Returns: Expected rental income is £115 per person per week, leading to a substantial gross annual income of £28,750.
Attractive Yield: With a gross yield of 8.98%, this property offers an excellent return on investment, appealing to savvy investors looking for steady rental income.
Additional Information:No Onward Chain: The property is available with no onward chain, allowing for a smooth and hassle-free purchase process.Situated in the popular Dunkirk area of Nottingham, this property enjoys proximity to local amenities, the University of Nottingham, and excellent transport links, making it a highly desirable location for students and professionals alike. EPC rating: D. Tenure: Freehold,
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First listed

Over a month ago

Lenton, NG7

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Belvoir - Nottingham Central 23 - 25 Market Street Nottingham, Nottinghamshire NG1 6HX
Call agent on 0115 691 9581
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