10 bedroom detached house for sale

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10 bedroom detached house for sale

Elm Bank Drive, Mapperley Park NG3
£950,000

Our Summary

  • This presents an excellent value-add or redevelopment opportunity alongside the stable income stream
  • 4,000 sq ft of accommodation over four floors4 bathrooms, no en-suitesExisting planning permission for conversion into two houses (to be confirmed)Professionally managed, compliant, and consistently letExcellent location near both universities and city centreIdeal income-producing and future development investmentContact FHP Living for more information
  • Excellent income-producing investment with future redevelopment potential

Description

Langham House is a substantial and well-established 10-bedroom licensed HMO, currently configured as 8 student lettings and fully let to Nottingham Trent University students until June 2026, generating £68,640 per annum. The property, which spans approximately 4,000 sq ft across four floors, provides 10 double bedrooms, 4 bathrooms, a large communal kitchen, utility, and spacious lounge. With a long-standing record of strong occupancy and reliable rental performance, Langham House has consistently achieved around £81,000 per annum when fully occupied. The property also benefits from existing planning consent to convert the building into two houses, presenting an excellent value-add or redevelopment opportunity alongside the stable income stream. Located within easy reach of Nottingham city centre and both universities, Langham House sits in a proven student catchment with enduring demand and strong rental resilience.