Lower Road

Beeston, NG9

Tenure: Freehold

This is a great investment opportunity to purchase a 4 bedroom HMO property which is located on Lower Road, Beeston, this being a very popular and much sought after location among students. The property is currently let to a group of 4 students occupying the property for the 22/23 academic year, generating a gross annual rental income of £18,400.00 (Excluding bills).

Already let for the 23/24 academic year generating a gross annual rental income of £19,000.00 (Excluding bills).

Whilst the property is fully let, there remains the possibility and scope to increase rents moving forward.

The property itself benefits from 4 good sized double bedrooms 1 with en-suite bathroom, a separate living room, fitted kitchen and shower room. 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: E. Council tax band: B, Tenure: Freehold,