17
Heron Drive, Nottingham, NG7 2DG
£288,500
4 bedrooms, 1 bathrooms, 1 receptions
Summary:
Student HMO InvestmentThis is a well-presented, four-bedroom semi-detached house located in a popular area, offering an excellent opportunity for a student HMO (House in Multiple Occupation) investment. The property is currently let to students, generating an impressive £26,000 per annum, with tenants responsible for their own bills.The home is situated in a prime location, close to both the University of Nottingham and the Queen's Medical Centre, ensuring high rental demand. Internally, the property is well-maintained and features a modern dining kitchen, a spacious lounge, and recent double glazing, which adds to its appeal.Externally, it offers off-street parking for two cars and well-kept gardens at both the front and rear. This is a high-yielding investment with a 9% yield, making it a fantastic opportunity for investors seeking a strong return in a popular and reliable rental market.
Key Features:
- Student HMO: Turnkey investment with a 9% yield.
- £26,000 Annual Income: Tenants are responsible for paying the bills.
- Prime Location: Near the University of Nottingham and the Queen's Medical Centre.
- Well-Presented Interior: Features a modern dining kitchen and a spacious lounge.
- Off-Street Parking: Space for two cars.
- Private Gardens: Front and rear outdoor spaces.
- Includes gas central heating and recent double glazing.
- High Rental Demand: Location ensures a steady stream of tenants.
- Four Bedrooms: Ideal setup for a student house share.
- Great Investment: A high-performing property in a sought-after area.
Full Details:
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Energy Performance Certificate
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