23 Noel Street, NG7 6AQ

Located in a prime position on Noel Street in NG7, right outside the tram stop, this exceptionally well-kept 8-bedroom HMO offers a rare investment opportunity in one of Nottingham’s most sought-after student rental locations. Fully let for the 2025/26 academic year on a 50-week contract at £140 per person per week, the property generates a strong annual income of £56,000, equating to a gross yield of approximately 10.66%. This is a ready-made, hands-off investment with no maintenance required and a reliable rental history.

Spanning over 2,300 sq.ft across three well-planned floors, the property has been thoughtfully arranged to maximise space, privacy, and tenant comfort. The ground floor features a welcoming entrance hall, a large bay-fronted communal living room, one spacious double bedroom, and a convenient WC. To the rear, a generous eat-in kitchen leads through to a separate laundry/utility area, an ideal layout for high-occupancy student living.

The first floor offers four well-proportioned bedrooms, along with a shared shower room and an additional WC, ensuring practicality for multiple tenants. The top floor completes the accommodation with three further bedrooms and a full bathroom. Each room has been designed to offer both comfort and functionality, with a layout that has proven highly effective in the rental market.

Externally, the property benefits from off-street parking, a valuable asset in this area, and features solar panels to reduce energy costs and increase sustainability. With an EPC rating of C, the property is already compliant with potential legislative changes, providing peace of mind for long-term investors.

Consistently performing well in the student rental market and already let for the next academic year, this property presents a turnkey, high-yielding opportunity that’s fully future-proofed and income-generating from day one. A perfect, low-maintenance addition to any investment portfolio.

Oak Letts currently manage the tenancy.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY