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4 bedroom terraced house for sale
Burns Avenue, Nottingham NG7
£285,000
Burns Avenue, Nottingham NG7
£285,000
Our Summary
- The full-height basement (with no natural light) offers excellent scope for conversion into a communal amenity or cinema room, subject to planning
- Full-height basement ideal for conversion
- Full-height basement ideal for conversion to communal space
Description
This extended four-bedroom HMO property is located in the sought-after Arboretum district of Nottingham, just a short walk from Nottingham Trent University. The property is let for the 2025/26 academic year at £20,000 per annum, with a 7.0% gross yield. The accommodation is arranged over three floors, featuring four spacious double bedrooms, an extended kitchen/diner, first-floor lounge, and a shared bathroom. The property also has a full-height basement that could be converted into a communal amenity or cinema room, subject to planning. With a private rear yard and HMO licensed under the Additional Licensing Scheme, this property offers a great investment opportunity. The guide price is £285,000, making it an attractive option for those looking for a solid return on investment.