Johnson Road
Lenton, Nottingham, NG7

£470,000 Guide price
62
Call Us 0115 870 9619

Features

  • HMO Investment property
  • Lenton location
  • 6 Double bedrooms
  • 2 Shower rooms
  • Currently let to 6 students
  • Rental income £31.500 exc bills
  • Council Tax Band: B

Description

Tenure: Freehold

Nicholas Humphreys are delighted to bring this superb 6 double bedroom, 2 Shower room student HMO property to the market for sale. This is a great investment opportunity to purchase a 6 bedroom HMO property. Located just a short walk from the main Derby Road and Lenton Boulevard crossroads.

The property comprises of 6 double bedrooms complete with bedroom furniture as standard throughout, 2 shower rooms. Decorated throughout in a contemporary style.

The property is currently let to a group of 6 students occupying the property for the 23/24 academic year, generating a gross annual rental income of £31,500.00 (Excluding bills).

The property is let for the 24/25 academic year for £33,800.00 annual rent (excluding bills) on a 52 week contract.

Situated within a prime location of Lenton. The University of Nottingham and The QMC being nearby and easy access to the City Centre with excellent transport links close by.

The property is Council Tax Band B

 

REFERRAL ARRANGEMENT NOTE

Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £250 from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.

EPC rating: D. Council tax band: B, Tenure: Freehold,

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