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7 bed semi-detached house
Derby Grove, Lenton, Nottingham NG7
£470,000
Derby Grove, Lenton, Nottingham NG7
£470,000
Price History
Initial price | £500,000 |
18/04/25 | £487,500 |
02/05/25 | £477,500 |
20/06/25 | £470,000 |
Price Change | -6.00% |
Description
This property is a seven-bedroom HMO investment located in the popular Lenton Triangle, offering a 9.5% yield. Currently let until 31st July 2026 at £45,000 per annum, inclusive of bills, the property provides a ready-made investment opportunity. The property features a large living kitchen and benefits from gas central heating and double glazing, making it a comfortable and attractive place for tenants. With a steady income stream and a long-term tenancy agreement, this property presents an excellent opportunity for investors looking to generate a strong return on their investment.