22
Grove Road, Nottingham, NG7 1HJ
£420,000
6 bedrooms, 3 bathrooms, 1 receptions
Summary:
Prime, High-Yield Student HMO Investment (11% Return!)This is a ready-made, completely refurbished, six-bedroom House in Multiple Occupation (HMO) that stands out as a genuine high-performing asset, delivering an exceptional 11% gross yield.The investment is secured and proven, already fully let and managed, generating an impressive inclusive rental income of £46,800 per annum. This income is contractually secured until July 31st, 2026, providing immediate, predictable cash flow.Strategically located with easy access to the University and Queen's Medical Centre (QMC), the property is highly attractive to tenants. It is offered in superb condition, having been finished to a high standard throughout, including full double glazing and gas central heating. With a large dining kitchen, a separate lounge, and three modern washrooms, this is an ideal, hassle-free, high-return addition to any serious investment portfolio.
Key Features:
- Exceptional 11% Gross Yield – A truly high-performing asset delivering superior returns.
- Securely Let Until July 2026 – Income of £46,800 p.a. (inclusive).
- Ready-Made Investment – Fully tenanted, managed, and requires no immediate owner input.
- Strategically situated with excellent access to the University and QMC.
- Six Generous Bedrooms – High occupancy rate achieved with optimal bedroom count for HMO licensing.
- Complete, professional recent refurbishment ensures minimal future maintenance.
- Finished to a High Standard – Modern, attractive interiors that command premium rents.
- Excellent Facilities – Features a large dining kitchen, separate lounge, and three washrooms.
- Benefits from full double glazing and efficient gas central heating.
- Turnkey Portfolio Addition – A hassle-free, high-return property, perfect for any investor.
Full Details:
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Energy Performance Certificate
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