Midland Avenue, Nottingham

Very Spacious Beautifully Presented 4 Double Bedroom 2 Bathroom High Yielding HMO Property In Highly Sought After Location Within The Heart Of Lenton Let For Academic Year 26/27 At £33,162 PA

PDM Estates are pleased to present this sizeable four-bedroom, two-bathroom HMO investment, occupying a substantial traditional property in a highly sought-after Nottingham rental location. Fully let for the 2026/27 academic year at £33,162 per annum gross, the property represents an attractive opportunity for investors seeking an established, income-producing HMO with a tenancy already secured.

The accommodation is arranged over three principal floors, with the additional benefit of a cellar, and extends to approximately 1,152 sq ft (107 sq m) of gross internal accommodation. The ground floor comprises a generous double bedroom together with a spacious communal lounge and dining area, which opens through to a fitted kitchen. This creates a particularly practical layout for shared occupation, providing tenants with a comfortable communal space separate from the bedrooms.

The first floor provides two further well-proportioned bedrooms and two shower rooms, while the second floor is occupied by a particularly generous fourth bedroom, giving the property a good balance of bedroom and communal accommodation across its various levels.

Externally, the property benefits from a private enclosed rear garden, predominantly designed with ease of maintenance in mind and providing useful outside space for tenants.

The property has been modernised and maintained to superb standard throughout, presenting as a ready-made HMO investment, with the combination of four bedrooms, two bathrooms, generous communal accommodation and an established rental income making it particularly well suited to both the student and professional rental markets. With the 2026/27 tenancy already secured, an incoming purchaser can benefit from rental income without the immediate requirement to source tenants for the forthcoming academic year.

Whether expanding an existing portfolio or acquiring a high-quality investment within one of Nottingham's strongest student markets, this represents an exceptional opportunity to purchase a substantial period HMO offering immediate income, enduring tenant appeal and excellent long-term investment potential with early viewing highly recommended.

Price Guidance

The property is available to purchase at a guide price of £310,000.

The property is let for the 2026/27 academic year, generating £33,162 per annum gross rental income.

Based on the guide price and current gross rental income, this represents an approximate gross annual yield of 10.70%.

EPC

EPC Rating D (Please find attached)

Location

Lenton and surrounding areas over the past decade has seen a substantial rise in affluence and investment, becoming a hub of prosperity and prestige. With it being home to two major universities, University of Nottingham and Trent University, one of the largest hospitals in the UK, QMC, and hub for major companies looking for a more centralised position as a whole in the UK, it is little wonder why we seeing significant change for the better in this area.

The property itself is sat on the doorstep of Nottingham city centre and the University of Nottingham, positioned extremely close to one of the main thoroughfares to and from them both, Derby Rd. Just 0.7 miles from one of the UK's largest hospitals QMC, a very short walking distance of under 1.2 miles from Nottingham Trent University and just 0.9 miles from the University of Nottingham. Nottingham city railway station a mere 1.4 miles away. An array of excellent local amenities for all ages can be found nearby including a bus stop directly outside the building, with access to the M1, and other major travelling routes as little as a few miles away.

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.