Maples Street, Lenton, NG7
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
2
- 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
- Flexible Layout
- Modern Amenities
- Energy Efficient
- HMO Licensed until 2025
- Strong Rental Potential
- Attractive Yield
- No Onward Chain
- Freehold
Description
Spacious 4/5 Bedroom HMO in Forest Fields, Nottingham
Discover a prime investment opportunity with this generously sized HMO property in the vibrant area of Forest Fields, Nottingham. Whether you are looking for a high-yield investment or a flexible living space, this property offers the perfect blend of comfort and profitability.
Key Features:
Flexible Layout: Boasting five double bedrooms, this property can be tailored to your needs. Use all five as bedrooms for maximum rental income or convert the ground floor bedroom into a cozy communal living space.
Modern Amenities: The ground floor features a spacious kitchen diner, a convenient shower room, and an additional W/C for added comfort and practicality.
Comfortable Living: The first floor accommodates two double bedrooms, while the second floor also houses two double bedrooms, both equipped with sinks for added convenience.
Furnished & Refurbished: All bedrooms come fully furnished with beds, mattresses, wardrobes, and drawers. Recent refurbishments include new flooring and redecoration throughout, ensuring a fresh and modern living environment.
Energy Efficient: Benefit from the added value of solar panels and an air source heat pump, enhancing the property’s energy efficiency and appeal.
HMO Licensed: The property holds a valid HMO license until 2025, providing peace of mind for investors and compliance with local regulations.
Strong Rental Potential: With an anticipated rental income of £112 per person per week, this property promises a substantial gross annual income of £29,120.
Attractive Yield: Achieve a gross yield of 10.4%, making this an excellent investment choice for those looking to maximize their returns.
No Onward Chain: Available immediately with no onward chain, simplifying the purchase process and enabling a swift acquisition.
Located in the sought-after Forest Fields area, this property is ideally situated for easy access to local amenities, public transport, and Nottingham's thriving city centre, making it a desirable choice for tenants.
This versatile HMO property is a standout investment with its flexible living options, modern refurbishments, and strong financial potential. Whether you're an experienced investor or new to the market, this property offers a compelling opportunity to secure a high-yield asset in a prime location.
Don't miss out on this opportunity! Contact us today to arrange a viewing or for more information on this exceptional property.
EPC rating: C. Tenure: Freehold,- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- 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
Energy performance certificate - ask agent
Maples Street, Lenton, NG7
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Visit our security centre to find out moreDisclaimer - Property reference P950. 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 Belvoir Sales, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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