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6 bedroom terraced house for sale

Allington Avenue, Lenton

Sold STC £315,000

Property Description

Key features

  • Student HMO Property
  • Approx Income 26,500/annum
  • Fully Let For 2017/2018
  • Six Double Bedrooms
  • Open Plan Living Area
  • Garden To Rear
  • Portfolio Of 5 Available
  • Ideal Investment

Full description

Occupying a prime position in the heart of Lenton and within walking distance of the University of Nottingham, this modern mid terraced dwelling represents an ideal student investment opportunity.

Accommodation is arranged over three floors and features six double bedrooms, two separate washrooms and open plan living/dining space. The property has an attractive garden to the rear.

The property is fully let for academic year 2017/2018 and currently achieves an approximate income of £26,500. Sitting within a portfolio of five, potential buyers have the opportunity to acquire more than one dwelling.

Local Area - Lenton has become a popular residential location for students and is positioned within walking distance of both University of Nottingham campuses (Jubilee & University Park).

Benefiting from its own shops and facilities, Lenton also has its own attractive recreation grounds and a historic movie theatre - the Savoy Cinema. Close to the city and serviced by frequent transport links, the area is ideal for those wishing to make the most of all the activities and amenities in Nottingham city.

Hmo Investment - Built in 2005, the property has been well maintained and staged for rentals. It continues to secure tenancies from local students and is currently licenced as a House of Multiple Occupancy.

For academic year 2017/2018, the property is let fully furnished at £92pp/pw and achieves an annual gross income of approximately £26,500. In our opinion, the property provides some scope for cosmetic upgrade, thus offering further opportunity for capital return.

Positioned within a row of five student dwellings, prospective purchasers have the opportunity to acquire several adjacent investments, or the collective portfolio. Please contact Home Hub for further details.

University Of Nottingham - The University of Nottingham is renowned for achieving high academic results and has recently been awarded for exceptional standards of teaching. The institution caters for over 30,000 Nottingham based students and stands out as one of the most attractive university settings in the UK.

Property - This modern mid terraced dwelling is positioned within a row of five, with accommodation arranged over three levels; comprising open plan living space, well proportioned double bedrooms, two separate washrooms and a low maintenance garden to the rear.

The property is fitted with double glazing throughout and a combination boiler services the hot water system.

Ground Floor - A wide entrance hallway leads to the main open plan living area and kitchen.

The kitchen has wooden base and wall level units, a single sink and drainer, electric hob and oven with extractor hood above, space and plumbing for a washing machine and a dishwasher. The room comfortably provides space for dining too.

The living area features television and internet points, with a window overlooking the garden and separate double doors for access.

From the hallway, doors also lead to the first double bedroom with open views to the front, and a downstairs cloakroom which features a low level WC and pedestal wash basin.

Stairs lead from the entrance hallway to the first floor.

First Floor - From the landing, there are stairs leading to the second floor and access to four bedrooms - two are front facing, and two overlook the garden to the rear. Each bedroom is appropriately sized to accommodate a double bed, desk and wardrobe.

At this level, there are two separate washrooms. The first is partially tiled and fitted with a three piece suite comprising a bath with chrome effect shower attachment above, a low level WC and a wash basin. The second has a fully tiled shower enclosure with glass panel screen and a separate wash basin.

Second Floor - The second floor landing features a double glazed skylight and a hatch for storage in the eaves. The combination boiler is wall mounted and a door leads to another bedroom.

Bedroom Six has also been fitted with a double glazed skylight and is generously sized to accommodate a double bed, desk and wardrobe.

Outside - The front courtyard has mainly been furnished with gravel beds and a paved path to the entrance door, fencing to the boundary and space for bin storage.

At the rear, the space has been tiered to provide a paved patio area with separate lawn.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
18 July 2017

Nearest stations

  • Royal Centre (0.9 mi)
  • Old Market Square (0.9 mi)
  • Nottingham Trent University (0.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Home Hub, Nottingham

10 Sherwood Rise, Sherwood Rise, Nottingham, NG7 6JE

0115 798 0518 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Home Hub, Nottingham

10 Sherwood Rise, Sherwood Rise, Nottingham, NG7 6JE

0115 798 0518 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Royal Centre (0.9 mi)
  • Old Market Square (0.9 mi)
  • Nottingham Trent University (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Home Hub, Nottingham

10 Sherwood Rise, Sherwood Rise, Nottingham, NG7 6JE

0115 798 0518 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 27161558. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Home Hub, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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