Derby Road, Nottingham
Guide price £420,000 Freehold (Tenant Fees)
- Student HMO & Ground Floor Commercial Investment.
- 11% Yield.
- Current rent being achieved £48,000 p.a.
- Rare opportunity.
- Income breakdown:
- Flat Let at £37,995 p.a tenants pay bills.
- Retail Let at £10,400 can be vacant with 3 months’ notice.
- 5 double en-suited bedrooms.
- Fitted kitchen. Separate Living Area.
- Two Off Street Tandem Parking Spaces to Rear.
Investment Summary: 86 Derby Road, Nottingham, NG1 5FD
Guide Price: £420,000
Overview: A rare mixed-use investment opportunity comprising a high-yielding student HMO and ground-floor commercial space.
Gross Yield: Exceptional 11% return based on the current combined rent.
Total Current Income: £48,000 per annum.
Income Breakdown & Tenancy Details
Student HMO (Upper Floors): Let at £37,995 per annum, featuring 5 double en-suite bedrooms, a fitted kitchen, and a separate living area. Tenants pay bills.
Commercial / Retail Unit (Ground Floor & Basement): Let at £10,400 per annum, with the flexibility to offer vacant possession upon 3 months' notice.
Key Features & Amenities
Prime, high-footfall location ideal for students.
Two off-street tandem parking spaces located to the rear.
Energy Efficiency Rating: Current D (63), with potential to reach B (83).
Click image to enlarge:
- Student HMO & Ground Floor Commercial Investment.
- 11% Yield.
- Current rent being achieved £48,000 p.a.
- Rare opportunity.
- Income breakdown:
- Flat Let at £37,995 p.a tenants pay bills.
- Retail Let at £10,400 can be vacant with 3 months’ notice.
- 5 double en-suited bedrooms.
- Fitted kitchen. Separate Living Area.
- Two Off Street Tandem Parking Spaces to Rear.
