30 bedroom Town house For Sale

Nicholas Humphreys are delighted to bring this 30 bedroom student portfolio to the market for sale. The portfolio consists of 5 x 6 bed HMO's located in the NG7 area of Nottingham. The portfolio is to be sold with vacant possession and provides excellent potential once fully let and income producing. 

HMO Investment Portfolio, consisting of 5 x 6 bed properties  (Sold with vacant possession)

Offers in Excess of: £1,200,000

A rare opportunity to acquire a portfolio of 5 fully licensed HMOs situated in the NG7 area. Offered with vacant possession, this portfolio presents excellent potential once fully let and income producing. 

Location - Positioned within close proximity to both the University of Nottingham and Nottingham Trent University, the property is ideally suited to a wide range of sharers, including students, medical and nursing students or professional tenants. There are excellent transport links nearby, including tram and bus stops that provide easy access to Nottingham City Centre and surrounding areas. The Queen’s Medical Centre is also within easy reach, along with a variety of shops and convenience stores, including Castle Retail Park, which features a supermarket, gym and a range of other stores.

Portfolio Overview - Each property provides well proportioned accommodation to meet the requirements of student and professional sharers alike. These properties have been consistently well-maintained and are presented in good condition, requiring no major or immediate works.

• 6 spacious bedrooms
• 2 bathrooms
• Separate lounge
• Kitchen/diner
• Allocated parking for each property
• EPC Rating "C"

Additional Information - The vendor has informed us of the following charges that apply to the portfolio; Full financial details, charges, and supporting documents can be provided upon request. 

• Ground Rent: £250.00 per property, per annum.
• Service Charge: £1046.00 per property, per annum.
• Sub-letting fee: £130.00 per property, per annum. 
• Lease term: 125 years (Lease dated 7th April 2006)

Contact Nicholas Humphreys Estate Agents for further information.

Viewings - It is requested that before any interested parties arrange a viewing they must provide us with the name/company name of the purchaser and also proof of deposit BEFORE a viewing will be booked. Please email [email protected] to arrange a viewing.

Viewings strictly by appointment only. 

REFERRAL ARRANGEMENT NOTE  - Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargreaves Gilman, 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 broker named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £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.