Rothesay Avenue, Lenton, Nottingham

Large 6 Double Bedroom 3 Bathroom Prestigious HMO Property In Highly Sought After Location Within The Heart Of Lenton On The Ever Popular Rothesay Avenue & Let For Academic Year 26/27 At £39,000 PA

PDM Estates are delighted to bring to the market this substantial six-bedroom HMO, ideally positioned in the heart of Lenton, one of Nottingham’s most established and consistently sought-after student locations. The property represents an excellent opportunity for an investor seeking a ready-made, income-producing HMO, having already been secured for both the 2025/26 and 2026/27 academic years, producing a rental income of £39,000 per annum. The property benefits from an HMO licence for six occupants and has an extensive history of successful use within the student rental market.

Internally, the accommodation is arranged across three floors and provides six well-proportioned double bedrooms, together with an excellent level of communal and bathroom provision. The ground floor opens into a generous entrance hallway, with a particularly spacious double bedroom positioned to the rear. To the front, the property features an impressive open-plan living, dining and kitchen space, creating a large sociable communal area ideally suited to student living. The modern fitted kitchen incorporates a comprehensive range of contemporary units, work surfaces and integrated cooking appliances, while French doors provide direct access into the rear garden. A separate shower room completes the ground-floor accommodation.

The first floor provides a further three double bedrooms, alongside two bathrooms, giving occupants excellent bathroom provision and helping distinguish the property from many conventional student HMOs. The second floor provides the final two double bedrooms, together with an additional bathroom and useful storage, resulting in a particularly practical six-bedroom layout spread across the three floors. Externally, the property benefits from an enclosed, low-maintenance rear garden, predominantly paved and offering useful outside space without the significant upkeep associated with a larger lawned garden.

The property has been renovated and modernised throughout, with contemporary kitchen and bathroom fittings, modern flooring and well-presented accommodation. It is offered for sale with white goods and furniture included, further enhancing its credentials as a genuine turnkey investment with minimal immediate expenditure required.

With six double bedrooms, three bathrooms plus an additional shower room, a large open-plan communal living space, established HMO use and £39,000 per annum of rental income already secured, this represents an excellent opportunity to acquire a proven student investment in the heart of Lenton.

Price Guidance

The property is available to purchase at a guide price of £385,000.

The property is let for the 2026/27 academic year, generating £39,000 per annum gross rental income with bills excluded.

Based on the guide price and current gross rental income, this represents an approximate gross annual yield of 10.12%.

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.