Tenure: Freehold
Nicholas Humphreys Estate Agents are delighted to bring this fully let, 4-bedroom, 2 reception room HMO investment property to the market for sale. The property is ideally situated within close proximity to the University of Nottingham, Queens Medical Centre and a number of good transport links connecting the property with Nottingham City Centre, Beeston and other surrounding areas.
The property is currently let for the 22/23 academic year, generating a rental income of £21,400 per annum exclusive of utility bills. The property has been re let for the next academic year with an increased rent of £25,000 per annum exclusive of utility bills.
Internally the property comprises of the following:
Ground Floor
Front reception room – 3.53m x 3.49m
Rear reception room – 3.51m x 3.49m
Kitchen – 4.33m x 2.24m
Well presented and modern kitchen with range of wall and base white gloss storage units, stainless steel sink with drainer and chrome mixer tap, tiled splashback, oven with gas hob, extractor above, chrome three-way spot lights to ceiling, UPVC door which provides direct access to and from the rear courtyard.
Ground floor bathroom – 2.78m x 2.04m
Good sized bathroom, well presented, fully tiled, consisting bath, separate shower cubicle with chrome fittings, w.c, wash-hand basin, heated towel rail, tiled flooring.
First Floor
Front bedroom – 3.63m x 3.49m
Rear bedroom – 3.49m x 2.92m
WC
Separate WC located on the first floor consisting of wash hand basin and WC.
Second Floor
Front bedroom – 3.96m x 3.33m
Rear bedroom – 3.33m x 3m
To the rear there is a small courtyard providing direct access to Warwick Street via a small alleyway.
Additional Information: The property is sold with tenants in situ and all fixtures and fittings will be included within the sale of the property.
Each bedroom consists of double bedframe, double mattress, wardrobe, desk and chair.
HMO licence is due to expire on 2nd March 2026.
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: C. Council tax band: A, Tenure: Freehold,