12 bedroom house of multiple occupation for sale

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12 bedroom house of multiple occupation for sale

Wollaton Road, Beeston, Nottingham, Nottinghamshire
£1,050,000

Our Summary

  • Attractive High-Yield Quality HMO Investment Opportunity Address: 87/87a/87b Wollaton Road, Beeston, Nottingham, NG9 2NG Property Type: 87 Wollaton Road: 6-Bed HMO (4 Ensuite, 2 Shower Rooms, 1 WC) 87a Wollaton Road: 5-Bed HMO (All Ensuite) 87b Wollaton Road: 1-Bed Basement Apartment (Ensuite, 2 WC) Tenant Type: Fully Tenanted by Working professionals Key Features: Multiple laundry rooms, store rooms, 6 parking spaces, and bicycle storage Converted: Originally built by Lidl and converted into HMOs in 2016 with high-quality German materials and furnishings Investment Summary Nottingham, a key city in the East Midlands, offers a strong investment landscape, particularly in the high-demand HMO sector

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: This attractive high-yield quality HMO investment opportunity is located in Beeston, Nottingham, a popular area for students and professionals. The property, converted from a former Lidl building in 2016, features high-quality German materials and furnishings. With six bedrooms, multiple laundry rooms, and six parking spaces, it is fully tenanted by working professionals. The property benefits from excellent transport links, proximity to the University of Nottingham, and a strong local economy. The annual income is £105,780, with a gross yield of 10.07% and a net yield of 7.73% after expenses. With a stable cost structure and excellent rental income potential, this property presents a reliable investment opportunity with strong returns.
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