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6 bedroom house of multiple occupation for sale
Ayr Street, Nottingham, Nottinghamshire, NG7
£560,000
Ayr Street, Nottingham, Nottinghamshire, NG7
£560,000
Our Summary
- Planning The property has planning consent for C4 (Small HMO) use
Description
The property is a 3-storey student development located in the Arboretum area of Nottingham, within walking distance to Nottingham Trent University and the city center. The property offers 3 bedrooms per floor, each with an en-suite bathroom, and a ground floor living room and kitchen. The property is let on a 50-week contract for the 2024/25 academic year at a rental of £169 per person per week, producing a gross rent of £50,700. The property has also been let for the 2025/26 academic year at the same rental level, with utilities capped at £16 per person per week. The property is being sold freehold for offers in the region of £560,000, subject to the existing tenancies. The property has planning consent for C4 (Small HMO) use and all fixtures and fittings are included in the sale.