4 bed terraced house for sale

31 Wallan Street, Nottingham, Nottinghamshire NG7

For sale by online auction - A four bedroom, one bathroom HMO, currently part-tenanted, offering buyers the flexibility to purchase with the existing tenant in situ or with vacant possession

Description
Freehold mid-terrace house
4-bedroom, 1 bathroom HMO
Benefits from a communal kitchen and reception room
Option to purchase with vacant possession or with one tenant in situ
Add value opportunity
Certificate of lawfulness (existing) for HMO

Location
Situated on the well-connected Wallan Street in Nottingham, the property benefits from convenient access via the A610 and A6514. Providing direct routes to Nottingham city centre, Nottingham City Hospital, and Nottingham Trent University. Set within a well-established residential area, it is close to a range of local amenities including shops, schools, and parks, and is well positioned for access to major local employers and the wider Nottingham employment market.

Transport links are provided by both Nottingham and Bulwell Rail Stations.

Planning
Certificate of Lawful use granted by Nottingham City Council Ref: 21/01705/pcle

Certificate of lawfulness (existing) for HMO

HMO Compliance
- HMO Licence
- eicr

- Fire Alarm Test Certificate
- Gas Safety Certificate

Copies of these documents can be found within the legal pack

Tenancy Details
Currently part-tenanted, offering buyers the flexibility to purchase with the existing tenant in situ or with vacant possession.

Excellent value-add opportunity due to a retiring landlord, offering plenty of scope for an investor to reposition the property and increase its income potential.

The property could be purchased with vacant possession, providing an opportunity to introduce a lease provider or alternative letting strategy. Alternatively, retain the existing tenant in situ and fill the remaining rooms at increased market room rates.