Terraced house for sale in Maples Street, Lenton NG7

£270,000
Interested in this property? Call +44 115 774 4407 * or Request Details

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Terraced house for sale - 5 bedrooms

5 2

Tenure:
Freehold
Council tax band:
A

Utilities and more details

Property features

  • Flexible Layout
  • Modern Amenities
  • Energy Efficient
  • HMO Licensed until 2025
  • Strong Rental Potential
  • Attractive Yield
  • No Onward Chain
  • Freehold

Property description



Spacious 4/5 Bedroom HMO in Forest Fields, Nottingham

Discover a prime investment opportunity with this generously sized HMO property in the vibrant area of Forest Fields, Nottingham. Whether you are looking for a high-yield investment or a flexible living space, this property offers the perfect blend of comfort and profitability.

Key Features:

Flexible Layout: Boasting five double bedrooms, this property can be tailored to your needs. Use all five as bedrooms for maximum rental income or convert the ground floor bedroom into a cozy communal living space.

Modern Amenities: The ground floor features a spacious kitchen diner, a convenient shower room, and an additional W/C for added comfort and practicality.

Comfortable Living: The first floor accommodates two double bedrooms, while the second floor also houses two double bedrooms, both equipped with sinks for added convenience.

Furnished & Refurbished: All bedrooms come fully furnished with beds, mattresses, wardrobes, and drawers. Recent refurbishments include new flooring and redecoration throughout, ensuring a fresh and modern living environment.

Energy Efficient: Benefit from the added value of solar panels and an air source heat pump, enhancing the property’s energy efficiency and appeal.

HMO Licensed: The property holds a valid HMO license until 2025, providing peace of mind for investors and compliance with local regulations.

Strong Rental Potential: With an anticipated rental income of £112 per person per week, this property promises a substantial gross annual income of £29,120.

Attractive Yield: Achieve a gross yield of 10.4%, making this an excellent investment choice for those looking to maximize their returns.

No Onward Chain: Available immediately with no onward chain, simplifying the purchase process and enabling a swift acquisition.

Located in the sought-after Forest Fields area, this property is ideally situated for easy access to local amenities, public transport, and Nottingham's thriving city centre, making it a desirable choice for tenants.

This versatile HMO property is a standout investment with its flexible living options, modern refurbishments, and strong financial potential. Whether you're an experienced investor or new to the market, this property offers a compelling opportunity to secure a high-yield asset in a prime location.

Don't miss out on this opportunity! Contact us today to arrange a viewing or for more information on this exceptional property.

EPC rating: C.

Property info

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For more information about this property, please contact
Belvoir - Nottingham Central, NG1 on +44 115 774 4407 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Belvoir - Nottingham Central, and do not constitute property particulars. Please contact Belvoir - Nottingham Central for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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