Kanman Court, Raleigh Street, NG7

£600,000

8-BED FULLY LICENSED & FULLY LET HMO…

This substantial eight bedroom HMO offers spacious and well balanced accommodation arranged over two floors, making it an ideal investment opportunity in a prime student location. The property is fully HMO licensed and benefits from a Certificate of Lawfulness granted by Nottingham City Council, providing full compliance and reassurance for continued multi-let use. Fully let until September 2027 and generating an annual income of £58,239.96, the property provides a strong and reliable income stream from day one, equating to an approximate 9.3% gross annual rental yield. Situated approximately 300 metres, or a short five minute walk, from Nottingham Trent University campus and within easy reach of Nottingham City Centre, the property is perfectly positioned to meet continued student demand in one of the city’s most popular rental areas, with a wide range of amenities, shops, bars, restaurants and transport links all close by. The accommodation is set across two floors and comprises an entrance hall, a spacious lounge, and a modern fitted breakfast kitchen complete with appliances, creating a practical and sociable layout for student living. The ground floor also benefits from a W/C, a shower room and two double bedrooms. To the first floor, there are a further six well proportioned bedrooms serviced by a bathroom suite. Externally, the property sits within a fully private and secure gated development, benefitting from off-road parking for two cars and a lawned and patio garden to the front, offering a pleasant and low maintenance outdoor space. Offered fully furnished throughout, this is a ready made investment with generous accommodation, strong rental appeal and an established letting position, making it an excellent addition to any portfolio.

MUST BE VIEWED

Entrance Hall

The entrance hall has carpeted flooring and a wooden door providing access into the accommodation.

Living Room

The living room has a UPVC double-glazed window to the front elevation, carpeted flooring, recessed spotlights, a TV point, an in-built cupboard.

WC

This space has a low level dual flush WC, a pedestal wash basin, tiled splashback, wood-effect vinyl flooring, a radiator, and an extractor fan.

Breakfast Kitchen

The kitchen has a range of fitted base and wall units with laminate worktops, a fitted breakfast bar, two stainless steel sinks with mixer taps and drainers, two integrated ovens with electric hobs and two extractor hoods, two freestanding fridge freezers, a separate under-counter fridge, two washing machines, wood-effect vinyl flooring, tiled splashback, a radiator, recessed spotlights, an in-built cupboard, and a UPVC double-glazed window to the front elevation.

Shower Suite

The shower suite has a low level dual flush WC, a pedestal wash basin, a shower enclosure with a wall-mounted electric shower fixture, an extractor fan, partially tiled walls, and wood-effect vinyl flooring.

Bedroom One

The first bedroom has carpeted flooring, a radiator, a skylight window, recessed spotlights, a double bed, a freestanding wardrobe and a desk.

Bedroom Two

The second bedroom has carpeted flooring, a radiator, recessed spotlights, a skylight window, a double bed, a freestanding wardrobe and a desk.

Landings

Both of the first floor landings have carpeted flooring, recessed spotlights, a radiator and access to the first floor accommodation.

Bedroom Three

The third bedroom has carpeted flooring, a radiator, a skylight window, a double bed, a freestanding wardrobe and a desk.

Bedroom Four

The fourth bedroom has carpeted flooring, a radiator, a skylight window, a double bed, a freestanding wardrobe and a desk.

Bedroom Five

The fifth bedroom has carpeted flooring, a radiator, three UPVC double-glazed windows, a double bed, a freestanding wardrobe and a desk.

Bathroom / Shower Suite

The bathroom has a low level flush WC, a pedestal wash basin, a panelled bathtub with a mains-fed shower and a glass shower screen, an extractor fan, recessed spotlights, partially tiled walls, and wood-effect vinyl flooring,

Bedroom Six

The sixth bedroom has carpeted flooring, a radiator, a skylight window, a double bed, a freestanding wardrobe and a desk.

Bedroom Seven

The seventh bedroom has carpeted flooring, a radiator, recessed spotlights, a skylight window, a double bed, a freestanding wardrobe and a desk.

Bedroom Eight

The eighth bedroom has carpeted flooring, a radiator, a double bed, a freestanding wardrobe, a desk, and a single door leading out to a balcony area.

DISCLAIMER

HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.

Garden

To the front of the property is a private and secure enclosed garden with patio and a lawn.

Parking - Off street