Five-Bedroom Tenanted Hmo Investment

We present this tenanted five-bed HMO located within a prime location in Nottingham. Sales Evidence: 11 Gedling Grove, Nottingham NG7 4DU Previously sold for £320,000. 1 Wildman Street, Nottingham NG7 4FY Previously sold for £280,000. The property is currently occupied with a rental income of £1,425pcm (£17,100 per annum), with potential market rent of £2,375-£2,500pcm (£28,500-£30,000 per annum). Sure to appeal to shrewd buy-to-let investors seeking a readily lettable property with strong capital growth potential. The property is only 4 minutes from The Forest Tram Stop, with a wide range of local amenities readily available nearby. The property comprises a bedroom, a kitchen and five bedrooms. The property is currently occupied with a rental income of £1,425pcm (£17,100 per annum), with 3 of the 5 rooms occupied under the existing tenancy. At full occupancy, the property would generate £2,375-£2,500pcm (£28,500-£30,000 per annum) based on current market rates, representing an excellent yield if bought at the guide price. This is a readily lettable, turnkey investment opportunity that is well suited to buy-to-let landlords seeking immediate cash flow with further asset management upside. Nottingham is a vibrant and well-connected city that continues to attract families, professionals and tenants alike. The area around Alfreton Road benefits from an excellent range of everyday amenities, including shops, supermarkets, cafés and restaurants, all within easy reach. There are schools and green spaces nearby, adding to the area's broad residential appeal. Transport links are a particular strength, with tram and bus connections providing convenient access across the city and beyond, while Nottingham city centre is close at hand for employment, leisure and higher education. Overall, this is a popular and convenient setting for both owner-occupiers and landlords.