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Castle Boulevard, Nottingham NG7 7 bed semi
Castle Boulevard, Nottingham NG7
£470,000
Castle Boulevard, Nottingham NG7
£470,000
Our Summary
- Prime City HMO Investment Opportunity
- To the rear is a small private yard, offering potential for conversion into off-street parking (subject to the necessary consents)
Description
This three-storey Victorian property in Nottingham is a lucrative investment opportunity, currently operating as a 7-bedroom HMO with a fully licensed certificate until summer 2026. The property generates a gross annual income of £46,900, yielding a strong 10% gross return. The property features spacious communal areas, including a lounge, kitchen, and three bathrooms, as well as a small private yard with potential for conversion into off-street parking. Located on popular Castle Boulevard, the property is close to Nottingham city centre, universities, and hospitals, with excellent transport links and local amenities within walking distance.