6 bed semi-detached house

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6 bed semi-detached house

Gloucester Avenue, Lenton, Nottingham NG7
£420,000

Price History

Initial price £430,000
18/04/25 £420,000
Price Change -2.33%

Description

This six-bedroom House in Multiple Occupation (HMO) offers a compelling investment opportunity, generating a strong 9.28% gross yield based on its current rental income of £39,000 per year. The property is fully tenanted until June 2026, providing immediate and secure returns. 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 its proximity to amenities, university, local shops, and transport links, ensuring consistent demand. With a proven track record of successful student tenancies and a secure tenancy agreement in place, this property offers a turnkey investment with guaranteed income and minimal risk. Early viewing is highly recommended to avoid disappointment.