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6 bedroom terraced house for sale
Beeston Road, Nottingham NG7
£425,000
Beeston Road, Nottingham NG7
£425,000
Our Summary
- £36,975 net income (9% net yield)Recently renovated throughoutThree modern shower roomsDriveway parking for multiple vehiclesHigh tenant demand in prime Beeston Road locationTenants in situ - ideal hands-off investment opportunityContact FHP Living for further information or to arrange a viewing
Description
This recently refurbished, 6-bedroom HMO property in a high-demand area near Nottingham city centre and the University of Nottingham is a fantastic investment opportunity. The property is fully let for 50 weeks at £145 per person per week, generating a gross annual rent roll of £43,500 and a net income of approximately £36,975 per annum, equivalent to a 9% net yield. The property features modern, low-maintenance accommodation arranged over three floors, including a contemporary open-plan kitchen and living area, six well-proportioned bedrooms, and three stylish shower rooms. With driveway parking for multiple vehicles and a low-maintenance rear garden, this property is an ideal hands-off investment opportunity with strong ongoing tenant demand and minimal void periods. With a prime location on Beeston Road, the property benefits from excellent transport links to the city centre, Nottingham Trent University, and the University of Nottingham.