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4 bed property, in Raleigh Street, £300,000
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4 bed detached house

Raleigh Street, Nottingham NG7
£300,000

Our Summary

  • £300,000 4-BED HMO - FULLY LET & LICENSED… This four bedroom HMO offers well balanced accommodation arranged over two floors, making it an excellent investment opportunity in a popular and well connected student location

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Description

The property is a four-bedroom HMO located in a popular and well-connected student location, approximately 300 meters from Nottingham Trent University campus and close to transport links and local amenities. The accommodation is arranged over two floors and comprises a lounge/kitchen, a ground floor bedroom and W/C, and three further bedrooms serviced by a bathroom suite on the first floor. The property has a private low-maintenance courtyard and off-road parking, and benefits from a Certificate of Lawfulness granted by Nottingham City Council, ensuring full compliance and reassurance for continued multi-let use.

The internal features include a range of fitted kitchen units, laminate worktops, a stainless steel sink, and an integrated oven with a gas hob and extractor hood. Each bedroom has carpeted flooring, a radiator, and wood-effect or single-glazed windows. The property has been fully let until July 2027, generating an annual income of £29,119.92 and a gross annual rental yield of 8.7%.