Cromwell Street, Nottingham, NG7
- PROPERTY TYPE
Terraced
- 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
Description
Stylish 4-Bedroom HMO in the Arboretum Area, Nottingham
Discover a prime investment opportunity in the highly sought-after Arboretum area of Nottingham with this newly refurbished four-bedroom HMO. Located close to Nottingham Trent University's city campus, this property is ideal for student accommodation, offering convenience, modern amenities, and excellent rental potential.
Key Features:
Modern Living Spaces: The ground floor features a reception room, perfect for use as a living room, and a newly fitted kitchen diner. The ground floor also includes a contemporary bathroom with a shower over the bath.
Comfortable Bedrooms: The first floor hosts two double bedrooms, with an additional two double bedrooms on the second floor, providing ample space and privacy for tenants.
Fully Refurbished: The property has been thoroughly refurbished with a new kitchen, bathroom, flooring, and redecoration throughout, ensuring a fresh and modern living environment.
Fully Furnished: Being sold furnished, this property is ready for students to move in immediately, making it an attractive option for renters and a hassle-free investment for landlords.
Financial Highlights:
Strong Rental Income: With an anticipated rental rate of £155 per person per week (inclusive of bills), this property promises a gross annual income of £29,760 (48 week contract).
High Yield: Offering a gross yield of 10.82%, this investment presents an excellent return, making it a standout choice for investors.
No Onward Chain: Available with no onward chain, allowing for a swift and smooth purchase process.
Don't miss out on this opportunity! Contact us today to arrange a viewing or for more details on this exceptional property.
The current vendor has a HMO License on the property which expires in August 2028.
The property does not have planning for C4.
Gas, electricity, water, and drainage are connected.
Council Tax Band- The local authority has advised us that the property is in council tax band A.
Tenure: Freehold
These sales particulars have been prepared by Belvoir upon the instruction of the vendor. Any services, equipment and fittings mentioned in these sales particulars have NOT been tested, and accordingly, no warranties can be given. Prospective purchasers must take their own enquiries regarding such matters. These sales particulars are produced in good faith and not intended to form part of a contract.
EPC rating: D. 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.
- Permit
- 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
Cromwell Street, Nottingham, NG7
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Visit our security centre to find out moreDisclaimer - Property reference P1065. 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, 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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