9 bedroom terraced house for sale

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9 bedroom terraced house for sale

Colwick Road, Nottingham
£360,000

Our Summary

  • The property itself was renovated over the latter parts of 2019 to the summer of 2020, providing significant rental uplift and improved occupancy with rooms let for as below

Description

This 9-bedroom HMO in Sneinton, Nottingham, is a high-yield investment opportunity, producing a gross income of £46,680 at a staggering 13% yield. The property was renovated in 2019-2020, resulting in a significant rental uplift and improved occupancy. The HMO features 9 double bedrooms, 3 bathrooms, and an open-plan kitchen, living, and dining area, with a rear paved garden and street parking. Located just 1.5 miles from Nottingham City Centre, the property benefits from excellent transportation links, making it an attractive opportunity for investors looking to add to their portfolio. With room rents ranging from £425 to £450, this property is generating a substantial income, making it an excellent investment choice.
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