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6 bed semi-detached house
Gloucester Avenue, Lenton, Nottingham NG7
£420,000
Gloucester Avenue, Lenton, Nottingham NG7
£420,000
Our Summary
- This established six-bedroom House in Multiple Occupation (HMO) presents a compelling investment opportunity, delivering a strong 9
- 28% gross yield, demonstrating strong investment potential
- Location and Investment Potential:
- Due to the exceptional investment potential and secure tenancy, early viewing is highly recommended to avoid disappointment
Description
This six-bedroom House in Multiple Occupation (HMO) is a compelling investment opportunity, offering a strong 9.28% gross yield based on its current rental income of £39,000 per annum. The property is fully tenanted until June 2026, providing immediate and secure returns. The HMO is well-appointed, with six well-proportioned bedrooms, two modern shower rooms, a spacious kitchen/diner, and a large basement lounge. Situated in a highly desirable student rental area, the property benefits from a proven track record of successful student tenancies and strong ongoing rental demand. With a secure tenancy agreement in place, the property offers a turnkey investment with guaranteed income, making it an attractive opportunity for investors seeking a reliable and lucrative investment. Early viewing is recommended to avoid disappointment.