Portland Road, Nottingham

A superb opportunity to acquire a fully licensed and tenanted five-bedroom HMO, ideally positioned in the heart of the Arboretum - one of Nottingham's most sought-after student locations.

This substantial property is situated within a short walking distance of both Nottingham Trent University and the city centre, making it highly attractive to students and young professionals alike. The location also offers excellent access to public transport links, including Nottingham's tram network and major bus routes, ensuring convenient connectivity across the city and beyond.

The property is being sold as a ready-made investment, with tenants already in place for the current academic year at £149 per person per week for a 50-week tenancy. It is also pre-let for the 2025-2026 academic year at an increased rent of £155 per person per week, again on a 50-week tenancy - providing strong and rising income with minimal voids.

The property generates:

Current gross annual income: £37,250

Future gross annual income (from August 2025): £38,750

At a guide price of £425,000, this equates to:

Gross yield (current): approx. 8.77%

Gross yield (from August): approx. 9.12%

Offering five spacious bedrooms, communal living areas and modern facilities throughout, this is a turnkey investment with strong and consistent rental demand in a high-performing area.

Key Features:

Fully licensed five-bedroom HMO

Excellent Arboretum location

Walking distance to Nottingham Trent University and city centre

Strong transport links and local amenities

Tenanted for current and next academic year

Let at £149 pppw (current) and £155 pppw (from August 2025)

Gross income: £37,250 (current), £38,750 (from August)

Gross yield: 8.77% (current), 9.12% (from August)

Ideal turnkey investment opportunity.

For further information or to arrange a viewing, please contact FHP Living directly.

These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.

Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.