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12 bedroom terraced house for sale
146, 148, 150 Nottingham Road, Nottingham, Nottinghamshire, NG7 7BA
£590,000
146, 148, 150 Nottingham Road, Nottingham, Nottinghamshire, NG7 7BA
£590,000
Our Summary
- FOR SALE BY ONLINE AUCTION - A portfolio of 3 adjoining properties, each property is a 4 bedroom HMO
Description
This portfolio of three adjoining properties, each a 4-bedroom HMO, is available for sale by online auction. The properties, located on Nottingham Road, are under 5-year leases to a housing association, generating a combined annual income of £60,025.68. The properties have been recently renovated and well-maintained, featuring large communal kitchens and lounges, as well as rear gardens. With 10% net yield on the guide price, this is an attractive investment opportunity. The properties are situated within a 25-minute walk of Nottingham city center, with easy access to local amenities, universities, and transportation links, including Nottingham Station with direct rail services to major cities. The properties are fully compliant with HMO regulations, with all necessary certificates and documents available in the legal pack.