Portland Road, Nottingham

Sizeable 6 Double Bedroom 2 Bathroom & 2 Kitchen Rooms HMO Property In The Highly Sought-After Arboretum Location Of Nottingham Previously Let For £41,400 PA With Scope For Further Development Subject To Planning

PDM Estates are delighted to present this substantial six-bedroom, two-bathroom licensed HMO, occupying a prominent position on the ever-popular Portland Road, just moments from Nottingham City Centre and Nottingham Trent University. Beautifully maintained and thoughtfully modernised throughout, this exceptional investment property offers spacious accommodation arranged over multiple floors and presents an outstanding opportunity to acquire a fully established, income-producing asset in one of Nottingham's strongest rental locations.

Internally, the property offers six generously proportioned double bedrooms, each providing bright and comfortable accommodation for tenants. Two contemporary bathrooms are complemented by the significant advantage of two modern fitted kitchens, creating practical communal spaces that comfortably serve the household and contribute to the property's continued appeal within the student and professional rental market.

The accommodation has been carefully configured to maximise both functionality and tenant comfort, resulting in a highly desirable living environment that has consistently proven attractive to the local rental market, producing a gross rental income of £41,400 PA. Modern finishes throughout minimise immediate expenditure for an incoming purchaser, allowing the property to continue operating with minimal interruption.

A particularly appealing aspect of the property is its flexibility. Historically configured as separate apartments, the building may offer future purchasers the potential to explore alternative layouts or reconfiguration, subject to obtaining the necessary planning consents and statutory approvals. This provides an exciting opportunity to add further value beyond its already successful use as a House in Multiple Occupation.

Situated within the highly sought-after Arboretum district, Portland Road remains one of Nottingham's most desirable investment locations, benefiting from exceptional demand generated by Nottingham Trent University, the University of Nottingham, Queen's Medical Centre and Nottingham City Centre. Excellent transport links, nearby amenities and continued rental demand combine to make this a location that consistently performs well for investors.

Whether you are expanding an established portfolio or acquiring your first investment, this represents an exceptional opportunity to purchase a substantial, ready-made HMO in a proven high-demand location, offering immediate income together with future potential.

Price Guidance

The property is available to purchase at offers over £300,000.

EPC

EPC Rating D (Please find attached)

Location

Positioned within the ever-popular Arboretum area, Portland Road occupies one of Nottingham's most sought-after residential locations for students and professionals, offering an outstanding blend of convenience and connectivity. Its close proximity to the city centre, leading universities, Queen's Medical Centre and an extensive range of local amenities has made the area consistently popular with both owner-occupiers and tenants alike, contributing to strong and sustained rental demand.

The property enjoys an enviable position just 0.6 miles from Nottingham City Centre and 0.4 miles from Nottingham Trent University, placing the university campus within a comfortable ten-minute walk. The University of Nottingham is approximately 2.2 miles away, while the Queen's Medical Centre, one of the UK's largest teaching hospitals, is just 1.7 miles from the property. Nottingham Railway Station is situated approximately 1.2 miles away, providing direct services to London St Pancras in around 95 minutes.

Residents benefit from an excellent selection of nearby cafés, restaurants, supermarkets, independent retailers and leisure facilities, together with regular public transport links serving the city and surrounding areas. The A52, M1 motorway and other major road networks are also easily accessible, making Portland Road an exceptional location for commuters, professionals, students and investors alike.

Services

Mains electricity, drainage and water are understood to be connected. The property benefits from gas central heating.

Local Authority

Nottingham City Council

Important Information - Making An Offer: As part of our service to our vendors we ensure that all potential buyers are in a position to proceed with any offer they make and would therefore ask any potential purchaser to speak with our Mortgage Advisor to discuss and establish how they intend to fund their purchase. Additionally we can offer Independent Financial Advice and are able to source mortgages from the whole of the market helping you secure the best possible deal and potentially saving you money. If you are making a cash offer we will ask you to confirm the source and availability of your funds in order for us to present your offer in the best possible light to our Vendor.

Property Particulars: Although we endeavour to ensure the accuracy of property details we have not tested any services heating plumbing equipment or apparatus fixtures or fittings and no guarantee can be given or implied that they are connected in working order or fit for purpose. We may not have had sight of legal documentation confirming tenure or other details and any references made are based upon information supplied in good faith by the Vendor. Any proposed rental figures are speculative based on comparable market data and knowledge of the local rental market. These values should not be relied upon.

Floor Plans: Purchasers should note that if a floor plan is included within property particulars it is intended to show the relationship between rooms and does not reflect exact dimensions or indeed seek to exactly replicate the layout of the property. Floor plans are produced for guidance only and are not to scale.