25
Devonshire Promenade, Nottingham, NG7 2DS
SOLD
£420,000
5 bedrooms, 2 bathrooms, 1 receptions
Summary:
SOLD PRIOR TO MARKETING.Prime Student HMO InvestmentSeize the opportunity to acquire a turnkey student HMO in the heart of Lenton, Nottingham's most vibrant student neighborhood. This exceptional property, located on a prestigious avenue, offers a remarkable 8.5% yield, making it a compelling investment for discerning investors.Unparalleled LocationImmerse yourself in the vibrant atmosphere of Lenton, a renowned student hub just a stone's throw from the University of Nottingham's main campus. Surrounded by lush greenery and a captivating mix of shops, restaurants, and amenities, this property caters to the lifestyle of discerning students seeking a convenient and engaging living environment.Highly Attractive Rental PotentialCurrently let at £35,800 per annum exclusive, this property offers an enviable rental yield of 8.5%. With a secure tenancy agreement in place until summer 2025, you can rest assured of consistent income generation.Exceptional AccommodationThis tastefully decorated property boasts five well-proportioned double bedrooms. A spacious lounge area provides a welcoming communal space for social gatherings, while a fitted dining kitchen caters to culinary delights.Modern AmenitiesEnjoy the comforts of gas central heating, ensuring cozy living throughout the year. Part double glazing enhances energy efficiency and noise reduction, while a private rear garden offers a tranquil retreat.Turn-Key InvestmentThis property is in impeccable condition and requires no immediate renovation or refurbishment, making it an ideal turnkey investment.Private Gated Road & off street parking.Add to the appeal with secure access via a private gated road together with two off street parking spaces.
Key Features:
- SOLD PRIOR TO MARKETING. HMO Student Investment.
- On one of Lenton's most desirable roads.
- Let at £35,800 p.a. exclusive until summer 2025. 8.5% Yield.
- 5 double bedrooms. 2 bathrooms.
- Lounge. Fitted dining kitchen.
- Gas central heating. Part Double glazing.
- Two off street parking spaces. Garden to rear.
- Very well presented.
- Turn key investment.
- Private gated road.
Full Details:
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Energy Performance Certificate
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