4 bedroom townhouse for sale
Key information
Property description & features
- Stylish 4-Bedroom HMO in the Arboretum
- Modern Living Spaces
- Comfortable Bedrooms
- Fully Refurbished
- Fully Furnished
- Strong Rental Income
- High Yield
- Freehold
- New HMO licence granted June 2023
Discover a prime investment opportunity in the highly sought-after Arboretum area of Nottingham with this newly refurbished four-bedroom HMO. Located close to Nottingham Trent University's city campus, this property is ideal for student accommodation, offering convenience, modern amenities, and excellent rental potential.
Key Features:
Modern Living Spaces: The ground floor features a reception room, perfect for use as a living room, and a newly fitted kitchen diner. The ground floor also includes a contemporary bathroom with a shower over the bath.
Comfortable Bedrooms: The first floor hosts two double bedrooms, with an additional two double bedrooms on the second floor, providing ample space and privacy for tenants.
Fully Refurbished: The property has been thoroughly refurbished with a new kitchen, bathroom, flooring, and redecoration throughout, ensuring a fresh and modern living environment.
Fully Furnished: Being sold furnished, this property is ready for students to move in immediately, making it an attractive option for renters and a hassle-free investment for landlords.
Financial Highlights:
Strong Rental Income: With an anticipated rental rate of £156 per person per week (inclusive of bills), this property promises a gross annual income of £32,448.
High Yield: Offering a gross yield of 11.7%, this investment presents an excellent return, making it a standout choice for investors.
No Onward Chain: Available with no onward chain, allowing for a swift and smooth purchase process.
Don't miss out on this opportunity! Contact us today to arrange a viewing or for more details on this exceptional property.
Lounge - 3.60 x 3.46 (11'9" x 11'4") - Stepping through wooden front door into the lounge which has radiator and window to the front elevation.
Kitchen/Diner - 3.60 x 3.46 (11'9" x 11'4") - A newly fitted kitchen with a range of navy wall and floor units with white worktops, integrated stainless steel sink and drainer with mixer tap, electric oven and ceramic hob with white subway tiles. With vinyl flooring, space for all appliances, radiator access to cellar and a window to the rear elevation.
Inner Hallway - 1.01 x 1.15 (3'3" x 3'9") - With door to the rear garden and storage cupboard.
Bathroom - 2.05 x 1.66 (6'8" x 5'5") - Fitted with a three piece suite comprising wash hand basin, wc and bath with mains fed shower. With part tiled walls, vinyl flooring, heated towel rail and window to the side elevation/
Stairs & Landing - With access to two rooms and stairs to the second floor.
Front Bedroom - 3.63 x 3.49 (11'10" x 11'5") - A double bedroom with radiator and window to the front elevation.
Bedroom - 2.99 x 3.52 (9'9" x 11'6") - A double bedroom with radiator and window to the rear elevation.
Landing -
Front Top Bedroom - 3.63 x 3.48 (11'10" x 11'5") - A double bedroom with radiator and window to the front elevation.
Bedroom - 2.99 x 3.54 (9'9" x 11'7") - A double bedroom with radiator and window to the rear elevation.
Outside Front - A long front garden with path to the front door and grassed area with hedge to one side.
Outside Rear - Concrete for low maintenance with walls to all sides and access gate to the rear.
Licensing Information -
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Broadband availability and predicted speed: obtained from Ofcom on January 6, 2022
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