A superb investment opportunity in the heart of Lenton, Nottingham.
This three-bedroom, licensed HMO (House in Multiple Occupation) is the perfect addition to any investment portfolio, offering a fantastic 10% gross yield. The property is currently let at £17,250 per annum until August 5th, 2026, providing a secure and immediate income.
The home itself offers a practical layout for tenants, featuring three good-sized bedrooms, a separate lounge, and a spacious dining kitchen. It also benefits from a garden to the front and rear, providing valuable outdoor space. Comfort is assured with gas central heating and double glazing throughout.
Located in the highly sought-after area of Lenton, the property is a short distance from the Queens Medical Centre (QMC) and the University of Nottingham, making it highly attractive to students and young professionals. This high-yield investment is ready for a new owner and is an ideal opportunity for both new and experienced investors.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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