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18 bedroom end of terrace house for sale
Peveril & Gadd Street Portfolio, Nottingham
£1,420,000
Peveril & Gadd Street Portfolio, Nottingham
£1,420,000
Our Summary
- 5%Turnkey income-producing portfolio in a well-established student rental marketEnd-terrace layout provides potential for enhanced long-term capital growthStrong local market fundamentals in a city with two major universities and growing demandAvailable for purchase individually or as a complete portfolio
Description
This is a student HMO portfolio for sale, comprising three fully let 6-bedroom properties in the popular student areas of Lenton and Radford, Nottingham. The properties are located within walking distance of Nottingham Trent University and have excellent public transport connections to the University of Nottingham's main campus. The portfolio offers a combined annual income of £134,160, with a gross yield of 9.45%. The properties are fully licenced with Nottingham City Council and meet current HMO space and amenity standards. Each property has two bathrooms, a communal living area, and a well-equipped kitchen, and is presented in good condition with no major works required. The portfolio offers a proven track record of high-yielding assets, with gross returns between 9.42% and 9.5%, and has the potential for enhanced long-term capital growth. The properties are available for purchase individually or as a complete portfolio.