Kilbourn Street, Nottingham 4 bed end of terrace house for sale

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Kilbourn Street, Nottingham 4 bed end of terrace house for sale

Kilbourn Street, Nottingham
£325,000

Price History

Initial price £350,000
04/07/25 £325,000
Price Change -7.14%

Description

This property is a potential HMO investment opportunity, subject to license approval, with a guide price of £325,000-£350,000. The property is located close to Nottingham City Centre and universities, making it a popular choice for students. It already has tenants lined up for the next academic year, secured until August 2024, and then again for the 2024-2025 academic year. The property is well-presented, modern, and fully furnished, with four double bedrooms, each with an en-suite, as well as a communal living room and kitchen. The rent per room is £165 per person per week, inclusive of bills, generating a gross rental income of £33,400 per year, which works out to a 9.5% yield. The property is ready to view and is an excellent investment opportunity for anyone looking to generate a steady income with minimal hassle.