Property Description

Excellent Investment opportunity to acquire a six bedroom HMO. We understand the property is fully let and occupied for the forthcoming 2021/2022 academic year. Producing a gross annual rental income of £32,994 (inclusive of bills), until the summer of 2022. The property benefits from gas central heating and UPVC double glazing, entrance hallway, communal lounge, fitted kitchen, six bedrooms over three floors, two shower rooms and further separate WC. Situated within a prime location of Lenton, The University of Nottingham (University Park), Jubilee Campus and The Queens Medical Centre are all within walking distance. There is also a range of excellent transport links close by, including both bus and trams which provide direct access to and from Nottingham City Centre, Beeston Town Centre and other surrounding areas. The accommodation comprises:

Entrance Hallway

Stairs to first floor landing

Bedroom One:

13.7 x 11.10 ft<br>Radiator, UPVC double glazed window to front aspect

Bedroom Two:

12.2 x 10.5 ft<br>Radiator, UPVC double glazed window to rear aspect.

Communal Lounge Area:

10.9 x 10.2 ft<br>Radiator, wall mounted gas boiler, radiator, UPVC double glazed window to side.

Kitchen:

14.6 x 10.2 ft<br>Range of wall mounted and base units, roll edge working surfaces, single drainer sink, tiled splashback, plumbing for washing machine, plumbing for dishwasher, space for cooker.

Bedroom Three:

13.9 x 10.1 ft<br>Radiator, UPVC double glazed window to front aspect

Bedroom Four:

12.3 x 10.5 ft<br>Radiator, UPVc double glazed window to rear aspect.

Shower Room One:

Shower cubicle with shower unit and attachment, low flush wc, pedestal wash hand basin, velux style double glazed window.

Shower Room Two:

Shower Cubicle with shower unit and attatchment, radiator, obscure UPVC double gazed window.

Separate WC:

Low Flush WC, wash hand basin.

Bedroom Five:

11.11 x 9.2 into eaves<br>Radiator, velux style double glazed window.

Bedroom Six:

15.1 x 10.5 into eaves<br>Radiator, velux style double glazed window.

Outside:

Rear yard.

Note:

We are informed by the seller - Rent is inclusive of gas, electricity, water and Virgin Media internet. Tenancy 01/09/2020 - 31/08/2021. 6 tenants annual rent per tenant £5,499 - last rental payment received 01/05/2021 to 31/08/2021 £1,716. Tenancy 01/09/2021 - 31/08/2022. 6 tenants annual rent per tenant £5,499.

Tenure

Freehold

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