£172,500
3 bed terraced house for saleHMO, Lenton. Coleby Avenue, Lenton, Nottingham NG7
3 beds
1 bath
1 reception
EPC Rating: C
About this property
Licensed HMO: A ready-to-go investment.
10% Gross Yield: Strong return on investment.
Immediate Income: Let at £17,250 until August 2026.
Ideal for Investors: Perfect for new or experienced landlords.
Three Bedrooms: Good-sized, well-proportioned rooms.
Practical Layout: Separate lounge and dining kitchen.
Front & Rear Gardens: Valuable outdoor space.
Gas Central Heating: Ensures a warm, comfortable home.
Double Glazing: Excellent insulation and energy efficiency.
Prime Location: Close to the University of Nottingham & qmc.
This three-bedroom, licensed HMO (House in Multiple Occupation) is the perfect addition to any investment portfolio, offering a fantastic 10% gross yield. The property is currently let at £17,250 per annum until August 5th, 2026, providing a secure and immediate income.
The home itself offers a practical layout for tenants, featuring three good-sized bedrooms, a separate lounge, and a spacious dining kitchen. It also benefits from a garden to the front and rear, providing valuable outdoor space. Comfort is assured with gas central heating and double glazing throughout.
Located in the highly sought-after area of Lenton, the property is a short distance from the Queens Medical Centre (qmc) and the University of Nottingham, making it highly attractive to students and young professionals. This high-yield investment is ready for a new owner and is an ideal opportunity for both new and experienced investors.
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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