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Gloucester Avenue, Nottingham NG7 6 bed semi
Gloucester Avenue, Lenton, Nottingham
£420,000
Gloucester Avenue, Lenton, Nottingham
£420,000
Price History
Initial price | £430,000 |
17/04/25 | £420,000 |
Price Change | -2.33% |
Description
This six-bedroom House in Multiple Occupation (HMO) offers a compelling investment opportunity, providing a strong 9.28% gross yield based on the current rental income. The property is fully tenanted until June 2026, ensuring immediate and secure returns. With an annual rental income of £39,000, inclusive of all utility bills, this investment provides a stable source of income. The property features six well-proportioned bedrooms, two modern shower rooms, a spacious kitchen/diner, and a large separate basement lounge. Located in a highly desirable student rental area, the property benefits from a proven track record of successful student tenancies and strong ongoing rental demand. With a secure tenancy agreement in place, this turnkey investment offers peace of mind and guaranteed income, making it an attractive opportunity for investors. Early viewing is highly recommended to avoid disappointment.