Beaconsfield Street, Long Eaton, Derbyshire

Freehold HMO Located in Long Eaton, Nottinghamshire
Substantial 14 Bedroom Fully En-Suite HMO
Fully Let Producing £94,620 Per Annum
Reversion To Circa £113,000 Per Annum
Large Scale Communal Infrastructure Including Dual Kitchens, Lounge & Laundry
Strong Commuter Location Between Nottingham & Derby
Passing 9.5% Yield With Reversion To Circa 11.4%
Ref 3229

Guide Price £990,000

Location
1 & 3 Beaconsfield Street occupy an established position within Long Eaton close to the town centre in a predominantly residential environment. The surrounding area comprises traditional housing, local amenities and service businesses supporting consistent tenant demand. The location provides day to day convenience including supermarkets, banking facilities, leisure amenities and public transport links within walking distance, helping maintain stable occupancy.
Long Eaton continues to attract tenants seeking affordability relative to Nottingham and Derby whilst remaining within commuting distance. The properties benefit from access to the A52 and nearby M1 motorway network with Nottingham approximately (8 miles) away and Derby (9 miles), supporting a broad employment catchment across the East Midlands.

Investment Summary
Tenure: Freehold
Location: 1 & 3 Beaconsfield Street, Long Eaton, NG10
Current Gross Income: £94,620 per annum
Estimated Market Aligned Income: Circa £113,000 per annum
Indicative Yield (guide only)
Passing: Approx 9.5% gross
Market Aligned: Approx 11.4% gross
(Purchasers to rely on their own calculations)
Asset Type: Fully Licensed Residential HMO Investment
Management: Operational asset with established rent collection and building management in place.
Opportunity: Passing rents currently below prevailing market levels for comparable ensuite accommodation, offering structured rental alignment potential.

Description
Veritas Business Sales are pleased to offer to the market this substantial Freehold Residential HMO investment at 1 & 3 Beaconsfield Street, Long Eaton, comprising 14 fully ensuite letting rooms arranged over ground and first floors, producing a current gross income of £94,620 per annum.
The property has been configured to provide extensive communal kitchen, dining and lounge facilities together with dedicated laundry provision, and has proven well suited to professional residential occupation, supporting consistent tenant demand. All rooms are individually let on AST agreements allowing periodic review and alignment to prevailing market levels.
The building is fully let and provides immediate income, with identifiable rental growth potential through standard asset management rather than reliance on redevelopment or reconfiguration. The dual kitchen arrangement and scale of communal space support efficient occupation across both floors and contribute to stable long term occupancy.
The investment therefore operates as a straightforward income producing residential asset today, with scope for an incoming owner to improve rents and overall value over time.
The opportunity will appeal to investors seeking a substantial residential-led holding with strong communal provision, proven demand and potential for gradual enhancement of returns.

Ground Floor Accommodation & Income Profile
Ground Floor
• 8 ensuite bedrooms
• Large Kitchen & Dining Area
• Sitting Room
• Laundry Room
Current Rent Range
£525 pcm - £590 pcm
Current rents considered below market levels

First Floor Accommodation & Income Profile
First Floor
6 ensuite bedrooms
Kitchen & Dining Area
Laundry Room
Current Rent Range
£525 pcm - £590 pcm
Current rents considered below market levels
Average Current Rent:
£563 pcm per room (£94,620 per annum combined income)

Operational Configuration
The property benefits from an operational layout designed to support a 14-room configuration efficiently. Communal provision includes a substantial ground floor kitchen and dining area with dual cooking stations, a separate lounge seating area and dedicated laundry facilities. The first floor benefits from an additional kitchen, lounge area and second laundry room.

Asset Management Opportunities
• Align residential rents to market levels through natural tenancy turnover
• Improve yield and capital value through enhanced income profile
• Potential refinance opportunity following stabilised higher rental income
Services & Management
All mains' services are connected with utility bills included. A management structure is in place for rent collection and general building oversight. Landlord is responsible for utilities and council tax.
EPC ratings:
Ground Floor B
First Floor C

Public and on-street parking is available within walking distance. The property benefits gas central heating and double glazing.
Investment Summary
1 & 3 Beaconsfield Street, Long Eaton is offered freehold subject to existing tenancies.
The property providing both immediate income and controlled growth potential. The opportunity suits investors seeking a stable town centre holding capable of improving yield through management rather than significant capital expenditure.