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7 BED HMO - Bute Avenue, Lenton, Nottingham NG7 1QA

PROPERTY TYPE

Semi-Detached

BEDROOMS

7

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 24/25 ACADEMIC YEAR INCOME OF £48,459
  • SEVEN-BEDROOM HMO PROPERTY
  • TWO SHOWER ROOMS & WC
  • LET OUT FOR NEXT ACADEMIC YEAR
  • PROPERTY MANAGEMENT INCLUDED IN SALE
  • GREAT LOCATION FOR STUDENTS OF BOTH UNI'S

Description

* INCOME OF £48,459 FOR 24/25 ACADEMIC YEAR* INVESTMENT OPPERTUNITY * well-maintained terraced student accommodation with seven double bedrooms in a thriving student area, offering convenience, privacy, and a sense of community.

Rental Income - * Values are excluding bills
23/24 Academic year income - £45,000
24/25 Academic year income - £48,459

Overview - Here we have a great opportunity for investors to add to their portfolio! For sale is a terraced student HMO property that's in good condition throughout and ready to provide a steady stream of rental income. This property, located in a thriving area with strong local community ties to both Nottingham Trent University and The University of Nottingham. It has been well-maintained and features seven double bedrooms, perfect for welcoming groups of students in, each academic year.

The property is specifically designed to cater to student life. Each of the seven bedrooms is spacious enough to accommodate a double bed, while still providing ample room for personal belongings and study space. The rooms are spread across the home's three floors and provide a sense of privacy and personal space that is often sought after in student accommodation.

The property features two shower rooms, one located on the first floor and the other on the second, which offer practicality and convenience. Less need to worry about morning queues before lectures!

In addition, this property boasts an open-plan kitchen/living room. This communal space is perfect for socialising, studying, cooking and relaxing. Its open layout encourages interaction with housemates, making it a great place for students to bond and create memories.

The location of this property is almost as impressive as the property itself. It has excellent public transport links, making travel to and from university campuses or into town a breeze. It's also in close proximity to local amenities, so students won't have to travel far for their daily essentials or leisure activities.

Make your investment today and start reaping the benefits...

Entrance Hallway -

Kitchen / Dining Room - 7.7 x 3.2 (25'3" x 10'5") -

Bedroom One - 4.6 x 4.14 (15'1" x 13'6") -

Bedroom Two - 3.4 x 3.4 (11'1" x 11'1") -

First Floor Landing -

Bedroom Three - 3.2 x 2.8 (10'5" x 9'2") -

Bedroom Four - 3.4 x 3.4 (11'1" x 11'1") -

Bedroom Five - 3.6 x 3.3 (11'9" x 10'9") -

Second Floor Landing -

Bedroom Six - 4.5 x 2.9 (14'9" x 9'6") -

Bedroom Seven - 3.2 x 3.1 (10'5" x 10'2") -

First Floor Shower Room - 2 x 1.7 (6'6" x 5'6") -

First Floor Wc -

Second Floor Shower Room - 2.3 x 1.9 (7'6" x 6'2") -

Brochures

7 BED HMO - Bute Avenue, Lenton, Nottingham NG7 1QBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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7 BED HMO - Bute Avenue, Lenton, Nottingham NG7 1QA

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About Katie Homes, Nottingham

76 Derby Road, Nottingham, NG1 5FD

Katie Homes is well known within Nottingham as a successful, reputable letting agent. We can arrange viewings at a time that suits you best, every day of the week.

We are situated at 76 Derby Road and our office welcomes clients to drop in at any time during our business hours. We are open:

9am - 5pm Monday to Friday

10am - 2pm on Saturdays

We pride ourselves on our excellent customer service skills and fantastic lettings ability, ensuring Katie Homes receives nothing but positive feedback. Our Lettings Manager is a member of ARLA (Association of Residential Letting Agents) and with her expertise in Law and Marketing, she has the vital knowledge that a Letting Agent requires. As a team we are reliable and efficient and combine our skills with a friendly and comfortable attitude. We place great importance on making the move in process as simple and stress-free as possible for both Tenants and Landlords.

Katie Homes covers most areas of Nottingham including the City Centre, The Park, Beeston and West Bridgford, and have also ventured as far as Southwell, Flintham and Newark.

Here's what some of our clients have to say about us:

'Thank you so much for all of your efforts and patience whilst letting my property. It has been a pleasure dealing with you all (again)'.

'To the Katie Homes Team - Thank you so much for making our move from Geneva super smooth and for all the extra help'.

'Thank you for helping us find such a fantastic house. The whole experience was easy and stress free'.

Your mortgage

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Years
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Monthly repayments
£2,568
We think you can borrow up to
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Disclaimer - Property reference 33075400. 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 Katie Homes, 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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