Meadow Road, Beeston Rylands
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
10
- BATHROOMS
10
- 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
- All 10 bedrooms are doubles or kings
- New Viessmann boiler and hot water system installed Feb 2025, with 7 year warranty on boiler
- New landscaping / driveway parking with EV chargers
- External redecoration and repointing August 2024
- Fully let from 2017 to 2025. Following refurb and redevelopment, now moving to let room by room, with 3 rooms already taken at £630pcm per room
- Target income (previously achieved with a group in 24/25) of £4980pcm, including bills (7 rooms at £630pcm, 1 room at £570pcm) and the target income of £900pcm per unit excluding bills. for the new bu
- The two one bedroom bungalows are newly built and internal fit out due for completion early December
- Separate utilities
- Higher target income if used as short term lets. At 50% occupancy, £90 per night, £1368pcm per unit
- Total target income, £81,360 - £92,592 per annum
Description
An eight bedroom HMO with two one bedroom self contained new build bungalows on the same plot, benefiting from off-road parking, two EV charging points, situated just a stone's throw from Beeston town centre, a range of transport links such as the Beeston train station and NET tram, and a variety of other shops and amenities, including Nottingham University and Queens Medical Centre. This great property is considered a fantastic opportunity for investors, with a potential rental income between £80,000 - £92,000 per annum.
Following an extensive refurbishment and redevelopment, we are delighted to offer this unique property to the market, comprising an 8 bed, 8 bath fully licensed HMO, together with two additional self contained one-bedroom bungalows.
Situated in this sought-after residential location, readily accessible for a variety of local shops and amenities including; transport links such as the train station, bus routes and NET tram, Beeston Town Centre, Boots head office, The University of Nottingham and Queens Medical Centre, this fantastic property is considered an ideal and rare opportunity for a range of potential purchasers, in particular investors.
Porch - Entrance door and secondary door leading to the entrance hall.
Entrance Hall - With a radiator, stairs to the first floor, and doors to the kitchen living diner, and two bedrooms.
Bedroom One - A carpeted double bedroom with UPVC double glazed bay window to the front, radiator and door to the en-suite.
En-Suite - Incorporating a three-piece suite comprising: shower, wash-hand basin inset to vanity unit, tiled splashbacks, WC, laminate flooring, wall mounted heated towel rail, and extractor fan.
Bedroom Two - 4.32m x 4.21m (14'2" x 13'9" ) - A carpeted double bedroom with UPVC double glazed window to the side, radiator, and door to the en-suite.
En-Suite - Incorporating a three-piece suite comprising: shower, wash-hand basin inset to vanity unit, tiled splashbacks, WC, laminate flooring, wall mounted heated towel rail, and extractor fan.
Kitchen Living Diner - 7.26m x 3.94m (23'9" x 12'11" ) - With a mix of tiled and laminate flooring, a range of wall, base and drawer units, work surfaces, one and a half bowl sink and drainer unit with mixer tap, a Range cooker with seven gas burner hob with extractor fan over, tiled splashbacks, large American style fridge freezer, washing machine and tumble dryer, additional fridge freezer, integrated dishwasher, breakfast bar, useful under stairs storage cupboard, radiator, UPVC double glazed door to the side.
First Floor Landing - Stairs to the second floor, large storage cupboard housing the hot water cylinder, a loft hatch, and doors to four-bedrooms and two shower rooms.
Bedroom Three - 4.23m x 3.97m (13'10" x 13'0" ) - A carpeted double bedroom with UPVC double glazed window to the side, and radiator.
Bedroom Four - 3.32m x 2.84m (10'10" x 9'3" ) - A carpeted double bedroom with UPVC double glazed window to the front and side, radiator and door the en-suite.
En-Suite - Incorporating a three-piece suite comprising: shower, wash-hand basin inset to vanity unit, tiled splashbacks, WC, laminate flooring, wall mounted heated towel rail, and extractor fan.
Bedroom Five - 4.1m x 2.28m (13'5" x 7'5" ) - A carpeted bedroom with electric radiator, and UPVC double glazed window to the front.
Bedroom Six - 3.87m x 3.69m (12'8" x 12'1" ) - A carpeted double bedroom with UPVC double glazed window to the rear, radiator, built-in storage cupboard and door the en-suite.
En-Suite - Incorporating a three-piece suite comprising: shower, wash-hand basin inset to vanity unit, WC, laminate flooring, wall mounted heated towel rail, and extractor fan.
Shower Room - Incorporating a three-piece suite comprising: shower cubicle, wash-hand basin inset to vanity unit, WC, laminate flooring, tiled splashbacks, UPVC double glazed window to the side, wall-mounted heated towel rail, extractor fan, and spotlights to ceiling.
Shower Room - Incorporating a three-piece suite comprising: shower cubicle, pedestal wash-hand basin, WC, laminate flooring, tiled splashbacks, UPVC double glazed window to the side, wall-mounted heated towel rail, extractor fan, and spotlights to ceiling.
Second Floor Landing - With a Velux window and doors to Bedroom Seven and Eight, and a sliding door the shower room.
Shower Room - Incorporating a three-piece suite comprising: shower, pedestal wash-hand basin, WC, tiled splashbacks, wall-mounted heated towel rail, and extractor fan.
Bedroom Seven - 3.97m x 3.33m (13'0" x 10'11" ) - A carpeted double bedroom with electric heater, and UPVC double glazed window to the side.
Bedroom Eight - A carpeted double bedroom with electric heater and UPVC double glazed window to the front.
En-Suite - Incorporating a three-piece suite comprising: shower, wash-hand basin inset to vanity unit, WC, laminate flooring, wall mounted heated towel rail, and extractor fan.
Outside - Outside the property benefits from a new blocked paved driveway, lawned areas, and a footpath to the entrance door to the main house, back door of the main house, and two new self contained bungalows.
Two New One Bedroom Bungalow - •Newly built and internal fit out due for completion early December
•EV chargers and driveway parking
•Separate utilities
•Target income of £900pcm per unit, excluding bills
•Higher target income if used as short term lets. At 50% occupancy, £90 per night, £1368pcm per unit
Total target income, £81,360 - £92,592 per annum.
Auction Details - Auction Details - Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit & Fees - The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information - For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price And Reserve Price - Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Brochures
Meadow Road, Beeston RylandsBrochure- 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: D
- 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.
- Ask agent
- 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
Meadow Road, Beeston Rylands
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Visit our security centre to find out moreDisclaimer - Property reference 34310499. 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 Robert Ellis, Beeston. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Robert Ellis, Beeston on 0115 647 2080.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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