£325,000
Est. Mortgage £1,626 per month*Get Pre-Qualified

5 bedroom terraced house for sale

Portland Road, Nottingham
terraced house terraced house
bedrooms 5 bedrooms

Property description

An excellent student property investment opportunity in the ever-popular Arboretum area — this spacious five bedroom home is ideal for those looking to secure an established student let with proven rental success and just a short walk from Nottingham City Centre and the nearby NTU City Campus. With tenants currently in-situ until July 2026 and offering immediate rental income, we believe an annual gross rental yield of approximately 8.8% is achievable based on the current asking price and rental agreements.Spread across three floors, the property features five generously sized double bedrooms, including one on the ground floor which is currently utilised as a bedroom but could easily serve as a secondary reception room. A bright communal lounge/sitting room provides a great social space, while the adjacent kitchen is fully fitted with essential appliances and ample storage plus access to a large cellar which offers excellent storage space. The bathroom is modern and functional, with a shower over the bath, and the property also benefits from a second WC for added convenience.

The property also benefits from a small courtyard garden space just off the kitchen whilst a permit parking scheme is in place to the front, given the close proximity to the City Centre.This property is ready for the next investor to capitalise on Nottingham’s strong rental market. Its proximity to both NTU and UoN, combined with its location in a high-demand area, makes this an inviting investment opportunity.
EPC Rating: D
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First listed

Over a month ago

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Portland Road, Nottingham

Marketed by

David James Estate Agents - Arnold 100 Front Street, Arnold Nottingham, Nottinghamshire NG5 7EJ
Call agent on 0115 691 7738
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Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.

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