6 bedroom House of Multiple Occupation in Nottingham
232 Radford Boulevard, Nottingham NG7 5QG
- Lot No: 104
- Property Type: House of Multiple Occupation
- Contract Type: Unconditional with Fixed Fee
Guide Price* £310,000+ plus fees
Result Sold at Auction £330,000
Property Description
Radford serves both Nottingham and Trent Universities but also high returns for investors. This mid-terraced property has been purposefully reconfigured to meet the market demand and comply with HMO licencing standards. We are informed that the HMO certificate has been submitted but has not yet been received. There are six letting rooms all of which are of a good size and refurbished to a high standard. Three are en-suite and there is an additional main bathroom to serve the other three bedrooms. It is let for the 21/22 academic year at £115 per person per week (£131 per person per week including bills) equating to a gross annual figure of £40,856 and an adjusted gross (bills separated) of £35,880.
Ground Floor:
Hall <br>Bedroom One <br>Bedroom Two<br>Kitchen
First Floor:
Bedroom Three - with en-suite<br>Bedroom Four - with en-suite
Second Floor:
Bedroom Five <br>Bedroom Six - with en-suite
Outside:
Good sized rear garden.
Note:
The auctioneers have not inspected the property and the photographs have been supplied by the seller.
Tenure
Freehold
Auction Details
Date 29th July 2021
Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
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