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4 bedroom terraced house for sale
Ilkeston Road, Lenton, NG7 3HF
£280,000
Ilkeston Road, Lenton, NG7 3HF
£280,000
Price History
Initial price | £300,000 |
09/11/24 | £280,000 |
Price Change | -6.67% |
Description
This 4-bedroom student HMO is located in the desirable area of Lenton, within walking distance of the University of Nottingham, Queen's Medical Centre, and the city centre. The property has a long history of successful lettings and is currently licensed for 4 lettable rooms. For the 2024-2025 academic year, the property is let on a 50-week tenancy with a rent of £24,000 per annum, inclusive of bills, with a £30 per person per week allowance made for bills. The property has a substantial history of use as an HMO and has potential for rental increase after renovation.