Frederick Grove, Nottingham, Nottingham City
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
2
- SIZE
1,184 sq ft
110 sq m
- 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
- Five-Bedroom HMO in Prime Lenton Location
- Available with Vacant Possession
- Potential Rental Income of £499.66 PCM Per Room
- Excellent Opportunity for Student, Professional or Social Housing Investment
- Walking Distance to the University of Nottingham & Local Amenities
- Well-Maintained, Turnkey Property with Private Rear Garden
Description
Available with Vacant Possession
Positioned in the heart of Lenton, one of Nottingham's most sought-after student and professional rental locations, this spacious five-bedroom HMO presents an outstanding investment opportunity with excellent long-term income potential. Ideally located within easy reach of the University of Nottingham, Nottingham city centre, Queen's Medical Centre and an excellent range of local amenities, the property benefits from consistently strong tenant demand year after year.
The accommodation comprises five generously sized, fully furnished bedrooms, a modern fitted kitchen with ample storage and workspace, and a spacious communal living area, providing an attractive and practical layout for shared occupation. The property has been well maintained throughout and offers an incoming purchaser a genuine turnkey opportunity with minimal immediate capital expenditure.
Further benefits include gas central heating, double glazing and a private rear garden, adding to the property's appeal for both student and professional tenants.
Currently marketed at £499.66 per calendar month per room, the property demonstrates strong rental potential. Importantly, it is available with vacant possession, providing complete flexibility for an investor to re-let at current market rents, undertake cosmetic improvements to maximise income, or explore alternative strategies such as supported or social housing, subject to any necessary consents.
Opportunities offering this level of flexibility in such a well-established rental location are increasingly rare. Whether purchased as a long-term income-producing asset or as part of a growing portfolio, Frederick Grove represents a highly attractive investment in one of Nottingham's strongest performing HMO markets.
EPC Rating: E
Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/photo driving licence and a recent utility bill (not more than three months old). We will need this information before Solicitors are instructed
- 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.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Visit our security centre to find out moreDisclaimer - Property reference 14Fred. 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 Yield, Loughborough. 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.
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