Premier Road, Nottingham
£425,000Knowing the purchase price means you can work out the total cost of buying the property.Read more about property price in our glossary page.
Added yesterday
- PROPERTY TYPE
Town House
- BEDROOMS
7
- BATHROOMS
7
- SIZE
Ask agent
- TENUREDescribes 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
- Established HMO Investment: Seven-bedroom property offering an attractive investment opportunity.
- Annual Rental Income: Generating £43,440 per annum from existing rental accommodation.
- Monthly Rental Income: Achieving £3,620 PCM across seven letting rooms.
- Gross Rental Yield: Impressive 10.22% gross yield based on the stated rental income.
- Seven En-Suite Bedrooms: All seven bedrooms benefit from private shower facilities.
- Communal Living Space: Modern open-plan kitchen, dining and seating area for tenants.
- City Centre Access: Conveniently positioned for Nottingham City Centre and employment hubs.
- University Connections: Accessible to Nottingham Trent University and University of Nottingham.
- Transport Links: Convenient access to local bus routes, tram services and major roads.
- Strong Tenant Appeal: Well placed for professionals and students seeking shared accommodation.
Description
PROPERTY SUMMARY An excellent opportunity for investors to acquire an established seven-bedroom HMO investment, generating an impressive £43,440 per annum (£3,620 per calendar month), representing a gross rental yield of approximately 10.22%. This substantial period property offers well-presented accommodation across three floors, with seven generously proportioned bedrooms, each benefiting from its own private en-suite facilities, making it an attractive addition to any investment portfolio.
The ground floor comprises a welcoming entrance hallway, a spacious open-plan communal living and kitchen area, and two double bedrooms, both with private en-suite shower rooms. The communal accommodation provides a comfortable shared environment, incorporating a modern fitted kitchen with contemporary cabinetry, integrated cooking appliances, generous worktop space, a dining area and a separate seating space.
The first floor offers three further double bedrooms, each with its own en-suite shower room, alongside a separate WC and central landing providing access to the accommodation. The bedrooms are well-presented, with neutral décor, comfortable proportions and attractive period features, including bay windows and decorative fireplaces in selected rooms.
The second floor provides two additional bedrooms, both benefiting from private en-suite shower facilities. This level also incorporates a landing and useful eaves storage, maximising the practicality of the accommodation.
Throughout, the property combines the character of its traditional architecture with modern interiors, including neutral finishes, contemporary shower facilities and a well-equipped communal kitchen. The attractive red-brick exterior, traditional bay windows and period detailing further enhance its appeal.
Additional accommodation includes a cellar, providing useful ancillary space.
From an investment perspective, the property offers an established income stream of £3,620 per calendar month, equating to £43,440 annually and a gross rental yield of approximately 10.22%. The seven-bedroom configuration, individual en-suite facilities and dedicated communal living accommodation create a practical HMO layout designed to appeal to the professional and shared accommodation rental markets.
Offering substantial accommodation, an established rental income and an attractive gross yield, this property represents a compelling opportunity for investors seeking an income-producing HMO with long-term investment potential.
LOCATION SUMMARY Premier Road is situated within a well-established residential area of Nottingham, offering convenient access to the city centre, surrounding amenities and key employment and educational destinations. Its accessible position makes it particularly attractive to the professional and student rental markets, providing a strong setting for an HMO investment.
The property is conveniently positioned for access to nearby Sherwood Rise, Forest Fields and Hyson Green, where a variety of supermarkets, independent shops, cafés, restaurants and everyday services can be found. The popular Forest Recreation Ground is also within easy reach, offering extensive green space and recreational facilities.
Transport connections are a particular advantage, with regular bus services and nearby Nottingham Express Transit tram connections providing convenient travel into Nottingham City Centre and surrounding districts. Nottingham Railway Station offers wider regional and national connections, while access to the A60, A610 and A52 provides additional convenience for commuters.
For tenants working or studying locally, the property is well placed for Nottingham Trent University's City Campus, the University of Nottingham, Nottingham City Hospital and Queen's Medical Centre, all accessible via the surrounding transport network.
From an investment perspective, Premier Road benefits from its proximity to major employment centres, universities, public transport and everyday amenities. This combination provides broad appeal to prospective tenants seeking convenient shared accommodation, supporting the property's attractiveness as a long-term HMO investment.
OPEN PLAN LIVING 11' 3" x 20' 5" (3.45m x 6.24m) Located to the ground floor this room has great natural lighting due to the side elevation window with access to the entrance hall and rear garden also available. This room is partially carpeted to allow a great dynamic to kitchen and lounge area, rolled edge work surface, built-in wall and base units, single sink with drainer and additional space for further utilities.
BEDROOM 1 (GF) 13' 9" x 13' 8" (4.2m x 4.18m) Currently achieving £475.00pcm this room is accessed via the entrance hall with bay window allowing great natural lighting and ensuite available.
ENSUITE 7' 8" x 3' 2" (2.34m x .97m) Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 2 (GF) 11' 3" x 8' 5" (3.45m x 2.59m) Currently achieving £450.00pcm this double room is located to the ground floor accessed via the entrance hall with window allowing views to the rear of the property and ensuite:
ENSUITE 7' 8" x 3' 2" (2.34m x .97m) Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 3 (FF) 18' 0" x 11' 10" (5.49m x 3.61m) Currently achieving £450.00pcm, this double room is located on first floor just off the landing with bay window allowing natural lighting throughout with ensuite.
ENSUITE Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 4 (FF) 11' 5" x 12' 7" (3.5m x 3.86m) Currently achieving £435.00pcm this room is double with window views to the rear and ensuite also.
ENSUITE Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 5 (FF) 12' 1" x 11' 5" (3.7m x 3.48m) Currently achieving £500.00pcm this room is located directly ahead from the stairs and this double room consists of ensuite and window views to the rear of the property.
ENSUITE Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
WC Low level flush WC with separate sink basin, located on the first floor with side elevation window.
BEDROOM 6 (SF) 18' 0" x 9' 10" (5.49m x 3m) Currently achieving £435.00pcm, this room is located on the second floor consisting of ensuite and great natural lighting throughout.
ENSUITE 4' 2" x 5' 9" (1.28m x 1.77m) Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 7 (SF) 11' 5" x 10' 9" (3.5m x 3.3m) Currently achieving £400.00pcm this room is located on the second floor accessed via the landing, with ensuite and Velux style window allowing natural lighting throughout.
ENSUITE 6' 1" x 3' 7" (1.86m x 1.1m) Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
FREE PROPERTY VALAUTION Why Choose Tristram's?
- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.
- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!
What We Offer:
- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.
- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.
- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!
Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality!
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.
The ground floor comprises a welcoming entrance hallway, a spacious open-plan communal living and kitchen area, and two double bedrooms, both with private en-suite shower rooms. The communal accommodation provides a comfortable shared environment, incorporating a modern fitted kitchen with contemporary cabinetry, integrated cooking appliances, generous worktop space, a dining area and a separate seating space.
The first floor offers three further double bedrooms, each with its own en-suite shower room, alongside a separate WC and central landing providing access to the accommodation. The bedrooms are well-presented, with neutral décor, comfortable proportions and attractive period features, including bay windows and decorative fireplaces in selected rooms.
The second floor provides two additional bedrooms, both benefiting from private en-suite shower facilities. This level also incorporates a landing and useful eaves storage, maximising the practicality of the accommodation.
Throughout, the property combines the character of its traditional architecture with modern interiors, including neutral finishes, contemporary shower facilities and a well-equipped communal kitchen. The attractive red-brick exterior, traditional bay windows and period detailing further enhance its appeal.
Additional accommodation includes a cellar, providing useful ancillary space.
From an investment perspective, the property offers an established income stream of £3,620 per calendar month, equating to £43,440 annually and a gross rental yield of approximately 10.22%. The seven-bedroom configuration, individual en-suite facilities and dedicated communal living accommodation create a practical HMO layout designed to appeal to the professional and shared accommodation rental markets.
Offering substantial accommodation, an established rental income and an attractive gross yield, this property represents a compelling opportunity for investors seeking an income-producing HMO with long-term investment potential.
LOCATION SUMMARY Premier Road is situated within a well-established residential area of Nottingham, offering convenient access to the city centre, surrounding amenities and key employment and educational destinations. Its accessible position makes it particularly attractive to the professional and student rental markets, providing a strong setting for an HMO investment.
The property is conveniently positioned for access to nearby Sherwood Rise, Forest Fields and Hyson Green, where a variety of supermarkets, independent shops, cafés, restaurants and everyday services can be found. The popular Forest Recreation Ground is also within easy reach, offering extensive green space and recreational facilities.
Transport connections are a particular advantage, with regular bus services and nearby Nottingham Express Transit tram connections providing convenient travel into Nottingham City Centre and surrounding districts. Nottingham Railway Station offers wider regional and national connections, while access to the A60, A610 and A52 provides additional convenience for commuters.
For tenants working or studying locally, the property is well placed for Nottingham Trent University's City Campus, the University of Nottingham, Nottingham City Hospital and Queen's Medical Centre, all accessible via the surrounding transport network.
From an investment perspective, Premier Road benefits from its proximity to major employment centres, universities, public transport and everyday amenities. This combination provides broad appeal to prospective tenants seeking convenient shared accommodation, supporting the property's attractiveness as a long-term HMO investment.
OPEN PLAN LIVING 11' 3" x 20' 5" (3.45m x 6.24m) Located to the ground floor this room has great natural lighting due to the side elevation window with access to the entrance hall and rear garden also available. This room is partially carpeted to allow a great dynamic to kitchen and lounge area, rolled edge work surface, built-in wall and base units, single sink with drainer and additional space for further utilities.
BEDROOM 1 (GF) 13' 9" x 13' 8" (4.2m x 4.18m) Currently achieving £475.00pcm this room is accessed via the entrance hall with bay window allowing great natural lighting and ensuite available.
ENSUITE 7' 8" x 3' 2" (2.34m x .97m) Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 2 (GF) 11' 3" x 8' 5" (3.45m x 2.59m) Currently achieving £450.00pcm this double room is located to the ground floor accessed via the entrance hall with window allowing views to the rear of the property and ensuite:
ENSUITE 7' 8" x 3' 2" (2.34m x .97m) Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 3 (FF) 18' 0" x 11' 10" (5.49m x 3.61m) Currently achieving £450.00pcm, this double room is located on first floor just off the landing with bay window allowing natural lighting throughout with ensuite.
ENSUITE Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 4 (FF) 11' 5" x 12' 7" (3.5m x 3.86m) Currently achieving £435.00pcm this room is double with window views to the rear and ensuite also.
ENSUITE Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 5 (FF) 12' 1" x 11' 5" (3.7m x 3.48m) Currently achieving £500.00pcm this room is located directly ahead from the stairs and this double room consists of ensuite and window views to the rear of the property.
ENSUITE Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
WC Low level flush WC with separate sink basin, located on the first floor with side elevation window.
BEDROOM 6 (SF) 18' 0" x 9' 10" (5.49m x 3m) Currently achieving £435.00pcm, this room is located on the second floor consisting of ensuite and great natural lighting throughout.
ENSUITE 4' 2" x 5' 9" (1.28m x 1.77m) Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
BEDROOM 7 (SF) 11' 5" x 10' 9" (3.5m x 3.3m) Currently achieving £400.00pcm this room is located on the second floor accessed via the landing, with ensuite and Velux style window allowing natural lighting throughout.
ENSUITE 6' 1" x 3' 7" (1.86m x 1.1m) Three piece ensuite located and accessed via the bedroom consisting of WC, separate sink basin and power shower cubicle.
FREE PROPERTY VALAUTION Why Choose Tristram's?
- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.
- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!
What We Offer:
- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.
- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.
- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!
Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality!
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.
- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street,Permit
- 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.
- Ask agent
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Affordability
Monthly repayments£2,125
Property: £ 425,000
Deposit: £ 42,500
Interest rate: 5.3%
Term: 30 years
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About Tristrams Sales & Lettings, Nottingham
260-262 Derby Road, Bramcote, Nottingham, NG9 3JNIndustry affiliations:
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