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5 bedroom house of multiple occupation for sale
Leyton Avenue, Sutton-in-Ashfield NG17 3BD
£240,000
Leyton Avenue, Sutton-in-Ashfield NG17 3BD
£240,000
Price History
Initial price | £250,000 |
12/04/24 | £240,000 |
Price Change | -4.00% |
Description
This investment opportunity presents a lucrative chance to purchase a semi-detached property converted into a luxurious HMO in Sutton-in-Ashfield, Nottinghamshire. The property boasts five spacious bedrooms, each with an ensuite shower room and heated towel rail, and a high specification communal kitchen. Located in a popular area with easy access to public transport links and major roads, the property is an attractive let for working professionals seeking high-quality accommodation. With significant investment planned for the area, including a £100m-plus development and advanced distribution and manufacturing centre, the demand for rental properties is expected to increase, making this investment opportunity a sound choice for potential investors. The anticipated return on investment is 8.77% NET, with a gross yield of 13.13% and a net yield of 9.13%.