Cottesmore Road, Nottingham
- PROPERTY TYPE
End of Terrace
- BEDROOMS
4
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes 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
- 4 Bedroom HMO Investment
- C4 status confirmed
- Current HMO License
- Previously rented for £107 pp pw exc bills
- Rental Uplift through Renovations
- Off Street Parking
- Golden Triangle of Lenton
- Walking distance to UofN campus
- £80,000 per bedroom
- Sold with Vacant Possession
Description
Cottesmore Road is part of the fabled 'Golden Triangle' of Lenton, a well established prime location for students at the University of Nottingham. The road is accessed from Derby Road or Ashburnham Avenue. Derby Road leads directly to the main University Park campus as well as the City Centre. Local amenities include a Sainsburys Local, the main high street of Lenton Boulevard and Lenton Recreational Ground. Within a short drive, you have both Castle Marina Retail park & Castle Retail Park
The property itself appears as a 1950s/60s 3 bedroom end terrace that over time has seen its garage converted to a ground floor bedroom. In recent years, the property has been let as a Student HMO to 4 persons and has received a C4 certificate proving its use class. It has a current HMO License but is being sold with vacant possession but was previously let for £127 pp pw inc bills until the Summer of 2023.
The property has 4 double bedrooms, sharing a bathroom, separate WC, a kitchen & open plan living and dining room. The property has a small rear garden along with a driveway for off street parking.
The property is ready for a new investor to conduct renovations along with minor HMO works to be ready for occupancy in Summer 2024
The property is available for an asking price of £320,000
- £80,000 per bedroom
- Income of £21,400 pa (exc bills) at previously rented figure for a 6.5% yield
- Reversionary income of £155 pp pw exc bills post renovations / £31,000 pa
To book you viewing, contact FHP Student Living
Brochures
Brochure- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Cottesmore Road, Nottingham
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About FHP Living, Nottingham
Number One, Weekday Cross Nottingham NG1 2GB
FHP Living is Nottingham's leading estate agent, chartered surveyors and residential property consultancy.
0115 8411 155 l
fhpliving.co.uk
Pro-Active Residential Property ConsultantsFHP Living is the residential division of Fisher Hargreaves Proctor Property Consultants, the East Midlands property advisor of the year. We are a vibrant, forward-thinking and proactive estate agency with a dedicated team of hard-working property professionals who focus on specific areas; each agent then becomes an expert with detailed knowledge for that area. It is thanks to our team and this approach that has seen FHP Living grow and prosper during what has been a difficult time for the residential market. This is further demonstrated by our expansion into West Bridgford.
Small Homes to Big Homes
We sell and rent all types of residential property from new-build homes to stately homes; from one-bedroom apartments to 10-bedroom mansions; from houses to rent for £450 per month to houses for sale for more than £2 million.
Specialists in your areaWe specialise in residential sales, lettings and management in The Park, Mapperley Park, the City Centre, West Bridgford & Beyond, Bramcote & Wollaton, and the surrounding suburbs and villages. Our team of specialists can support you through a process that does not have to be trying or stressful...
We are dedicated to delivering a refreshing and tailored approach to selling and letting our clients' homes to suit their busy lifestyles.
So, if you are looking for a city apartment, a traditional terrace, a suburban semi, a new home, a Victorian residence, a rural retreat or a country manor, talk to team FHP Living or search our properties to buy and to rent.
Two Iconic Offices in Great Locations23 Bridgford Road, West Bridgford, Nottingham NG2 6AU Located between 'Caffe Nero' and 'Escabeche'.
Open Monday to Friday 9am to 5:30pm | Saturday 9am to 2.30pm
1 Weekday Cross, Lace Market, Nottingham NG1 2GB Located between 'YO Sushi!' and 'All Bar One'.
Open Monday to Friday 9am to 5.30pm | Saturday 9am to 1pm
As part of our promise to fit around your busy lives, we are happy to arrange viewings outside these hours by special appointment.
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Visit our security centre to find out moreDisclaimer - Property reference 102431015990. 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 FHP Living, 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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