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4 bedroom house of multiple occupation for sale
7 Hinchin Brook, Lenton, Nottingham, Nottinghamshire NG7 2EF
£290,000
7 Hinchin Brook, Lenton, Nottingham, Nottinghamshire NG7 2EF
£290,000
Our Summary
- For sale on 24 April 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 2
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
Description
This 4-bedroom student HMO investment property is located in a highly convenient area, close to the University of Nottingham and the Queen's Medical Centre. The property is already let to 4 students for the 2025-2026 academic year, generating a rental income of £26,415.96 per year. The property features a modern fitted kitchen, a separate spacious lounge, off-street parking, gardens to the front and rear, gas central heating, and part double glazing. With a high yield and a prime location, this property presents a great opportunity for an investor. The auction will be held online with live auctioneers, and bidders can register in advance to participate. The sale is subject to a 5% deposit and a buyer's fee of 2.4% of the purchase price, and a binding contract of sale will be exchanged at the point of sale.