Initial price	£320,000
08/01/25	£310,000
Price Change	-3.13%

This 4-bedroom student HMO property is located in the highly sought-after area of Lenton, Nottingham, and has been granted a Certificate of Existing Lawful Use (C4) for its current use. The property, which was previously a 1950s/60s end-terrace with a converted garage, has been let to four students and has a current HMO license. The property features four double bedrooms, a bathroom, separate WC, kitchen, and open-plan living and dining room, as well as a small rear garden and driveway for off-street parking. The property is being sold with vacant possession and has the potential for renovation and minor HMO works to increase its value and rental income. With an asking price of £320,000, the property offers a 6.5% yield and a reversionary income of £31,000 per annum post-renovations, making it an attractive investment opportunity for a new owner.