FHP Student Living is pleased to offer a 4-bedroom student HMO property in the desirable location of Lenton, Nottingham. The property, a converted 1950s/60s end-terrace, has a Certificate of Existing Lawful Use (C4) and is situated in the "Golden Triangle" of Lenton, close to the University of Nottingham's main campus and city center. The property has been previously let to 4 students and has a current HMO license, with a rental income of £21,400 per annum (excluding bills) and a yield of 6.5%. The property features 4 double bedrooms, a bathroom, separate WC, kitchen, and open-plan living and dining room, as well as a small rear garden and driveway for off-street parking. The property is being sold with vacant possession and is available for renovation and minor HMO works to be ready for occupancy in summer 2024, with an asking price of £320,000, equivalent to £80,000 per bedroom.