5 bedroom semi-detached house for sale

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5 bedroom semi-detached house for sale

Wellington Street, Nottingham
£355,000

Price History

Initial price £375,000
14/08/24 £355,000
Price Change -5.33%

Description

FHP Student Living is offering a 5-bedroom student investment opportunity on Wellington Street, Nottingham, just off Huntingdon Street, perfect for students at Nottingham Trent University. The property is located near the main City Campus and Victoria Centre, with significant recent purpose-built student developments in the area. Nottingham is a 2-university city with an estimated student enrollment of over 80,000, making it an attractive location for investment. The property itself is a 5-bedroom house with a ground floor bedroom, open-plan kitchen and lounge, and a bathroom to the rear. The first floor contains a shower room and three double bedrooms, while the top floor has a large double bedroom with potential to add a dormer for a further bedroom and bathroom. The property is currently rented for £37,500 per annum, representing a gross yield of 10% and £75,000 per bed space.