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Stoneyford Road, Sutton-in-Ashfield, NG17

PROPERTY TYPE

Semi-Detached

BEDROOMS

5

BATHROOMS

4

SIZE

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TENURE
Describes 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

  • Market Leading Design Led HMO
  • Has Previously Performed Well With Minimal Voids & Tenant Turn Around
  • Steady & Solid Investment Producing a Net Yield of 4.1%
  • 5 bedrooms, 3 En Suites & 1 Shower Room
  • Producing �26k Gross Income Per Annum
  • HMO Since 2019
  • Can be Offered Fully Managed for Stress Free Investment That�s Good to Go

Description

*** FANTASTIC OPPORTUNITY TO PURCHASE A MARKET LEADING DESIGN LED HMO! *** With a gross yield in excess of 10%, this 5 bedroom property in Sutton In Ashfield represents a lucrative investment. Located within walking distance of the Town Centre, it has operated as a licensed HMO with virtually full occupancy for many years (documentation available upon request). The extensive accommodation is arranged over 3 floors, with TENANTS IN SITU, comprising in brief: entrance hall to lounge, dining room and bedroom 5 (with en suite). Stairs lead up to the first floor where you will find bedrooms 2 & 3 (both with en suite), bedroom 4 and the main communal bathroom. The generous primary bedroom is on the second floor. Outside, there is a modest lawned rear with a high level of privacy, whilst the front is palisaded by a brick wall. Rental demand is strong with this location being within 5km of the M1 motorway, as well as a wide range of shops nearby. Four of the five rooms currently tenanted and full property management option is available (ask for more details). Call us now to arrange a viewing on (option 2).

Entrance Hall

UPVC entrance door to the front, tiled floor and ceiling spotlights. Door to the lounge and bedroom 5, stairs to the first floor.

Lounge

4.11m x 3.7m (13' 6" x 12' 2") UPVC double glazed windows to the rear and side, vertical radiator, luxury vinyl tile wood effect flooring and open to the dining kitchen.

Dining Kitchen

5.62m x 2.84m (18' 5" x 9' 4") A range of matching wall and base units with worksurfaces incorporating an inset 1.5 bowl stainless steel sink & drainer unit. Integrated appliances including fridge freezer, washing machine, electric oven and hob with extractor over. Ceiling spotlights, vertical radiator and luxury vinyl tile flooring. UPVC double glazed windows to the side and rear, built in under stairs storage cupboard and uPVC double glazed door to the side, leading to the rear garden.

Bedroom 5

3.4m x 3.4m (11' 2" x 11' 2") UPVC double glazed bay window to the front, radiator, fitted wardrobe and door to the en suite.

En Suite 1

White 3 piece suite comprising wc, vanity sink unit with storage under and shower cubicle with mains fed dual rainfall shower. Ceiling spotlights, extractor fan, and heated towel rail.

Landing

Ceiling spotlights, radiator and airing cupboard housing the hot water tank. Doors to bedrooms 2, 3, 4 and the bathroom. Door to the stairs leading to the second floor.

Bedroom 2

3.78m x 2.36m (12' 5" x 7' 9") UPVC double glazed window to the front, radiator, fitted wardrobe and door to the en suite.

En Suite 2

White 3 piece suite comprising wc, vanity sink unit with storage under and shower cubicle with mains fed dual rainfall shower. Ceiling spotlights and extractor fan.

Bedroom 3

3.17m x 2.86m (10' 5" x 9' 5") UPVC double glazed window to the rear, radiator and door to the en suite.

En Suite 3

White 3 piece suite comprising wc, vanity sink unit with storage under and shower cubicle with mains fed dual rainfall shower. Ceiling spotlights and extractor fan.

Bedroom 4

3.67m x 2.87m (12' 0" x 9' 5") UPVC double glazed window to the rear and radiator.

Bathroom

White 3 piece suite comprising wc, vanity sink unit with storage under and shower cubicle with electric shower. Obscured uPVC double glazed window to the side, ceiling spotlights, extractor fan, chrome heated towel rail and partly tiled walls.

Bedroom 1

4.68m x 3.36m (15' 4" x 11' 0") 2 Velux windows, radiator and fitted wardrobes. Feature exposed brick wall and wooden ceiling beams.

Outside

To rear garden is enclosed by timber fencing and brick wall to the perimeter with gated access to the side and comprises paved patio seating area, turfed lawn and flower bed borders with a range of plants and shrubs.

AGENT NOTE

AGENT NOTE: The seller has provided us with the following information; the gas boiler is located on the first floor hallway. It is 7 years old and was last serviced in 2026. The property has been a licenced HMO since 2019. The current licence has now expired and the new application is currently underway.

Brochures

Brochure 1
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.
On street
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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Stoneyford Road, Sutton-in-Ashfield, NG17

Approximate location

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Affordability

Monthly repayments£1,154
Property: £ 230,000
Deposit: £ 23,000
Interest rate: 5.33%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Watsons Estate Agents, Eastwood

9-11 Nottingham Road, Eastwood, NG16 3AP
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We are a family run independent Estate Agency in Kimberley, Nottinghamshire, with decades of local knowledge and property expertise. At Watsons we have a simple aim, to provide an impeccable High Street service, be exceptional in what we do and save you money whilst we do it.

We're here to offer a completely fresh approach to Estate Agency.

By cutting out the nonsense, the jargon and the sales patter, we provide our sellers with exactly what they need in order to achieve the best price for their property.

Our buyers needs are also crucial to our success. Offering access to independent financial advice, answering our phone lines 8am - 8pm and carrying out accompanied viewings until 7pm, 7 days a week, are just a few examples of how we differ from our competitors and help you find your dream home.

We are passionate, we are local, we're the new guys in town and whether selling or buying we'd love to hear from you.

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Disclaimer - Property reference 30858371. 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 Watsons Estate Agents, Eastwood. 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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