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5 bedroom house of multiple occupation for sale
Dorket Drive, Nottingham, Nottinghamshire
£350,000
Dorket Drive, Nottingham, Nottinghamshire
£350,000
Our Summary
- Attractive HMO Investment Opportunity Address: 42 Dorket Drive, Nottingham, NG8 1AD Property Type: 5-Bedroom, 2-Bathroom HMO Tenant Type: Students Prime Location & Economic Strength Nottingham is a thriving city in the East Midlands, offering significant investment opportunities, particularly in the student rental market
- 29% (since tenants cover all expenses) Conclusion The HMO at 42 Dorket Drive is an exceptional investment opportunity in Nottingham’s highly competitive student rental market
- With a strong yield, zero landlord expenses, and high demand from students, this property offers low-maintenance, high-income potential
Description
This 5-bedroom, 2-bathroom HMO property in Nottingham is an attractive investment opportunity, generating a total income of £32,500.20 per annum with a Net Yield of 9.29%. The property has already been let for August 25 with an increased rent, and tenants cover all bills, making it a low-maintenance investment. Nottingham is a thriving city with a strong economy, a diverse range of industries, and a high demand for rental properties, particularly from students. The property is situated in a desirable residential area, offering easy access to the universities, city center, and major employment hubs. With zero landlord expenses and a strong yield, this hands-off investment is well-positioned for long-term capital appreciation and stable rental income.