Claude Street, Nottingham

PROPERTY SUMMARY A compelling opportunity for investors seeking a fully operational, income-producing HMO with tenants already in situ, immediate rental income and a proven record of consistent occupation. Arranged across three floors and extending to approximately 92.8 sq. metres (998.6 sq. feet), the property has been configured specifically with shared accommodation in mind. The layout provides five individual bedrooms, each positioned alongside or benefiting from convenient access to shower facilities, together with a communal living room, fitted kitchen and enclosed rear garden.

The current rental income is £600 per week, equivalent to approximately £2,600 per calendar month and £31,200 per annum. Based on the proposed purchase price, this reflects a strong gross rental yield of approximately 8.21%, making the property particularly attractive to buyers focused on income performance and portfolio growth.

From an investor's perspective, one of the most important benefits is that the property is being sold with the existing tenants remaining in occupation. This allows the purchaser to acquire an established rental asset rather than an empty property requiring further marketing, tenant sourcing or an initial period without income. Subject to the tenancy arrangements, rental income can continue from completion, helping reduce the usual acquisition-to-income delay experienced with vacant investment properties. The property also has a proven track record of no void periods, demonstrating sustained demand for the accommodation and providing reassurance regarding its ability to remain occupied. This established rental history is especially valuable for investors, as it offers evidence of the property's ongoing appeal within the local lettings market rather than relying solely on projected rental figures.

A further significant advantage is that the tenants pay their own household bills. Utilities are not included within the rent and are not paid by the landlord, removing one of the largest and most unpredictable operating costs commonly associated with HMO ownership. This helps protect the investor from rising gas, electricity, water and broadband costs, while allowing the headline rental income to translate into a stronger net position than a comparable bills-inclusive arrangement.

The accommodation is presented in a clean, functional and lettable condition, with neutral décor, modern floor coverings, a contemporary fitted kitchen and multiple shower rooms. This reduces the need for immediate refurbishment expenditure and supports continued occupation with minimal disruption. The practical layout across three floors also creates clear separation between the bedrooms and communal areas, helping the property operate efficiently as shared accommodation. The communal kitchen is fitted with a range of modern units, work surfaces and integrated cooking facilities, while the adjoining living room provides a dedicated shared space for occupants. This is an important feature within an HMO, as it gives tenants somewhere to relax away from their individual rooms and improves the overall usability of the accommodation.

The bedroom accommodation is distributed across the ground, first and second floors, allowing the property to provide five separately occupied rooms without compromising the shared living areas. The presence of several shower facilities is another important operational benefit, reducing pressure on communal amenities and making the property more attractive to prospective tenants. Externally, the enclosed rear garden provides useful communal outdoor space while remaining relatively straightforward to maintain. The property's traditional terraced construction and established residential setting should also appeal to investors seeking a familiar, proven property type rather than a specialist or highly unusual conversion.

For portfolio landlords, the property offers several key advantages in one purchase: an established tenant base, immediate income, strong gross yield, no landlord-funded utility bills, a history of continuous occupation and accommodation already arranged for HMO use. These factors significantly reduce the initial work involved in acquiring and stabilising a new investment.

Overall, this represents a genuine turnkey investment opportunity. With £600 per week of established rental income, approximately £2,600 per calendar month, £31,200 per annum, an 8.21% gross rental yield, tenants in situ, no recorded void periods and no landlord liability for household bills, the property is well positioned for investors prioritising reliable income, limited initial downtime and efficient ongoing running costs. 

LOCATION SUMMARY Claude Street is positioned within the popular and consistently well-rented area of Dunkirk, an established location particularly favoured by students, medical professionals and employees working at the nearby university and hospital campuses.

The property is within comfortable walking distance of both the University of Nottingham's University Park Campus and the Queen's Medical Centre, two of the area's largest sources of ongoing tenant demand. Jubilee Campus is also readily accessible, strengthening the location's appeal to a broad range of university students and staff.

Dunkirk has developed into one of Nottingham's most recognised shared-housing and student rental locations, with Claude Street sitting among an established concentration of HMO and student accommodation. This creates a proven tenant market and makes the area particularly attractive to investors seeking reliable annual demand and strong prospects for continued occupancy. Current Claude Street listings continue to promote the road specifically for its proximity to the university, hospital and established student community.

A selection of everyday amenities can be reached locally, including convenience stores, cafés, takeaways and other services catering to students and working professionals. The wider centres of Beeston and Nottingham city centre provide a more extensive range of supermarkets, shops, restaurants, leisure facilities and nightlife.

Transport connections are another major advantage. Nearby bus services include routes towards the University of Nottingham, Queen's Medical Centre, Beeston, Long Eaton, Derby and Nottingham city centre. Tram services from the Beeston Road corridor also provide straightforward access towards both Beeston and the city centre, helping tenants travel without relying on a car.

The location also offers convenient road access to the A52, Clifton Boulevard and Nottingham's wider ring-road network, providing useful connections across the city and towards surrounding employment areas. Nottingham railway station and the city centre are both readily accessible by public transport.

For an investor, Claude Street combines the key ingredients that underpin a successful HMO location: proximity to major education and healthcare employers, an established student rental market, convenient public transport, nearby amenities and a large recurring tenant population. This should help support continued demand, minimise the risk of extended void periods and protect the property's long-term rental potential. 

ENTRANCE HALL A welcoming entrance hall providing access to the ground-floor accommodation, with stairs rising to the upper floors. 

BEDROOM ONE A generously proportioned double bedroom positioned at the front of the property, offering ample space for bedroom furniture and benefiting from its own shower facilities. 

COMMUNAL LIVING ROOM A dedicated shared living space providing tenants with a comfortable area to relax away from their bedrooms, with access leading through to the kitchen. 

COMMUNAL KITCHEN A modern fitted kitchen offering a range of wall and base units, generous worktop space and integrated cooking facilities, arranged to serve the needs of multiple occupants. 

REAR LOBBY A practical connecting space providing access to the rear garden and ground-floor shower room. 

SHOWER ROOM Fitted with a shower enclosure, wash basin and WC, providing convenient facilities for residents using the ground floor. 

BEDROOM TWO A well-proportioned double bedroom positioned at the front of the property, offering space for a bed, storage and additional furniture. 

BEDROOM THREE A comfortable bedroom overlooking the rear of the property, arranged to provide practical individual accommodation for a tenant. 

SHOWER ROOM A modern shower room serving the first-floor bedrooms, fitted with a shower enclosure, wash basin and WC. 

LANDING Providing access to both first-floor bedrooms, the shower room and stairs continuing to the second floor. 

BEDROOM FOUR A spacious upper-floor bedroom with room for a double bed, storage and study furniture, making it suitable for student or professional occupation. 

BEDROOM FIVE A further well-sized bedroom positioned on the top floor, benefiting from a practical layout and access to nearby shower facilities. 

SHOWER ROOM A useful top-floor shower room positioned between the bedrooms, reducing pressure on the shared facilities throughout the property. 

REAR GARDEN An enclosed rear garden providing useful communal outdoor space for tenants while remaining relatively straightforward to maintain. 

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DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.