>
6 bed semi-detached house
Gloucester Avenue, Lenton, Nottingham NG7
£420,000
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.