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18 bed property, in Gadd Street & Peveril Street, £1,350,000
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18 bed end of terrace house

Gadd Street & Peveril Street, Radford NG7
£1,350,000

Our Summary

  • ***HMO INVESTMENT OPPORTUNITY*** Rare opportunity to acquire 3x 6 bedroom houses all fully licensed HMO's generating a current income of £82,820 per annum with a project income of £126,000 once fully occupied

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Description

This is a rare investment opportunity to acquire a portfolio of three fully licensed HMO properties, each with six bedrooms, generating a current income of £82,820 per annum. The properties, located in a popular area near Nottingham City Centre and Nottingham Trent University, offer contemporary interiors and are well-furnished. The portfolio includes Peveril Street, which has 6 bedrooms, 5 bathrooms, and 3 en-suite bedrooms, generating £34,320 per annum.

Gadd Street, another property in the portfolio, has a projected income of £42,000 per annum once fully occupied. The vendor is open to selling the properties individually or as a whole portfolio, offering a significant investment opportunity for those looking to capitalize on the growing demand for HMOs in the area.