Castle Boulevard, Nottingham NG7 7 bed semi

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Castle Boulevard, Nottingham NG7 7 bed semi

Castle Boulevard, Nottingham
£495,000

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 is a prime investment opportunity in Nottingham, comprising a three-storey Victorian redbrick property that operates as a fully licensed 7-bedroom HMO. The property is let to students until 2026, generating a gross annual income of £46,900 and a strong gross yield of approximately 9.5%. The property features spacious communal areas, including a lounge, kitchen, and three bathrooms, as well as a small private yard with potential for off-street parking. Located on Castle Boulevard, the property is well-positioned for students and professionals, with easy access to the city centre, universities, and local amenities, as well as excellent transport links.