£995,000
15 bed detached house for saleMansfield Road, Nottingham, Nottinghamshire. NG5
15 beds
4 baths
1 reception
EPC Rating: C
Freehold
About this property
Detached Grade II Listed Property
Three-Storey 15-Bed HMO
Sought After Area
Excellent Transport Links
Four Communal Bathrooms
Two Communal Laundry Rooms
Rear Garden
Great Investment Opportunity
Achieving 12.17% Gross Annual Rental Yield
Must Be Viewed
15-bed HMO in prime location...
This detached Grade II listed building offers a rare opportunity to acquire a substantial investment in a prime position opposite the Forest Recreation Ground. With excellent transport connections and Nottingham City Centre within easy walking distance, the location continues to attract consistently strong tenant demand and underpins excellent long term rental prospects. The property is currently achieving an approximate 12.17 percent gross annual rental yield, making it a proven income producing asset within one of Nottingham’s most established and sought after student areas. Arranged across three floors, the accommodation is well configured for student use. The ground floor comprises a one bedroom flat, four self-contained studio apartments each with their own kitchen and bathroom, along with a communal laundry room and additional storage. The first floor offers five letting rooms with kitchens and WC, communal bathroom, communal shower room and a further laundry area. The second floor mirrors this layout with five additional rooms, communal bathroom and communal shower room and two Large Basements with Possible Potential for Development, subject to obtaining all necessary consents.
Must be viewed
This detached Grade II listed building offers a rare opportunity to acquire a substantial investment in a prime position opposite the Forest Recreation Ground. With excellent transport connections and Nottingham City Centre within easy walking distance, the location continues to attract consistently strong tenant demand and underpins excellent long term rental prospects. The property is currently achieving an approximate 12.17 percent gross annual rental yield, making it a proven income producing asset within one of Nottingham’s most established and sought after student areas. Arranged across three floors, the accommodation is well configured for student use. The ground floor comprises a one bedroom flat, four self-contained studio apartments each with their own kitchen and bathroom, along with a communal laundry room and additional storage. The first floor offers five letting rooms with kitchens and WC, communal bathroom, communal shower room and a further laundry area. The second floor mirrors this layout with five additional rooms, communal bathroom and communal shower room and two Large Basements with Possible Potential for Development, subject to obtaining all necessary consents.
Must be viewed
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