3 Park Street
Lenton
Nottingham
NG7 1RR
Castle Boulevard, Nottingham
£495,000
7 Bedroom House - Semi-Detached
- 7-bedroom licensed HMO let to students until summer 2026
- Annual income of £46,900 inclusive, offering a 9.5% gross yield
- Well-presented over three storeys of spacious accommodation
- Large communal living room and separate fitted kitchen
- Three bathrooms, ideal for HMO living
- Rear yard with potential for off-street parking conversion
- Situated on the sought-after Castle Boulevard (NG7)
- Walking distance to Nottingham city centre and universities
- Excellent public transport links
- Ideal turnkey investment with strong ongoing rental income
Prime City HMO Investment Opportunity.
An attractive and substantial three-storey redbrick Victorian property, currently operating as a fully licensed 7-bedroom HMO with certificate or lawful use as sui generis 7-bed HMO . Let to students until summer 2026, the property generates a gross annual income of £46,900 (inclusive), delivering a strong gross yield of approximately 9.5%.
The property is well-maintained and benefits from spacious and functional communal areas, including a generously sized lounge, a well-equipped separate kitchen, and three modern bathrooms plus extra w.c. To the rear is a small private yard, offering potential for conversion into off-street parking (subject to the necessary consents).
Located on the popular Castle Boulevard, the property is perfectly positioned for both students and professionals. It offers easy access to Nottingham city centre, Nottingham Trent University, the University of Nottingham, and the QMC Hospital. Excellent transport links are nearby, including regular bus routes and tram access, with a wide range of local shops, amenities, and green spaces within walking distance.
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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