3 Park Street
Lenton
Nottingham
NG7 1RR
Saracen's Head, North Sherwood Street, Nottingham
Guide Price £520,000 Sold (STC)
11 Bedroom House - Detached
- •Strong Rental Income: Let at £52,800 per annum (inc') until summer 2025, offering a substantial 10.1% yield.
- •Unique Property: Converted public house into two HMO flats, providing a distinct investment opportunity.
- •Development Potential: Outbuildings and parking with potential for future development (subject to planning permission).
- •High Occupancy: Located in a popular student area, ensuring consistent demand for tenants.
- •Spacious Accommodation: 11 bedrooms in total, accommodating a large number of students.
- •Convenient Amenities: Off-street gated parking and gas central heating for tenant comfort.
- •Rental Growth Potential: Opportunity for future rental increases due to high demand in the student market.
- Don't miss out on this exceptional investment!
Exceptional Student Investment: High Yield & Growth Potential
This fully-let HMO boasts a substantial 10.1% yield, with a guaranteed income stream until Summer 2025. The property features 11 bedrooms, off-street parking, and outbuildings with development potential (STPP). Located in a prime student area, this unique investment offers both strong rental income and future upside.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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