3-bedroom terraced house · NG7 2LA
For saleListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £200,000 - £210,000 HMO INVESTMENT OPPORTUNITY!
Positioned in a popular area, sold with tenants in situ and available with no onward chain, this property presents an excellent opportunity for investors seeking a ready-made addition to their portfolio.
Arranged across three floors, the property offers a practical and well-balanced layout designed with multiple occupancy living in mind.
Upon entering, the ground floor comprises a comfortable front living room which leads through to a separate fitted kitchen complete with integrated appliances, while the main bathroom is positioned to the rear of the home.
The first floor hosts two generously sized bedrooms, positioned at the front and rear respectively, while the entire top floor is dedicated to the third bedroom.
Importantly, all three bedrooms are of a similar size, creating a fair and attractive setup for tenants and maximising rental desirability.
The property benefits from excellent transport links into Nottingham city centre, including easy access to the NET tram network, alongside on-street parking for added convenience.
Rental info: *3 students - let for £130.00pppw * Monthly rental - £1625pcm * Annual income - £19,500 * Rental yield - 9.75% For investors, this is a fantastic opportunity to acquire a proven student rental property in one of Nottingham’s most established student locations.
Its close proximity to major employers and educational hubs, including the QMC and University campus, supports strong ongoing tenant demand year after year.
Contact haart today to arrange your viewing and explore the potential this well-positioned investment property has to offer.
Living Room 13'11" x 11'7" (4.25m x 3.55m) uPVC double glazed bay window to front elevation, radiator Kitchen 11'7" x 8'8" (3.55m x 2.65m) uPVC double glazed window to rear elevation, laminate flooring, radiator, wall and base units, sink and drainer, mixer tap, integrated oven, electric hob, extractor fan Bathroom uPVC double glazed obscure window to side elevation, hard flooring, partially tiled walls, panelled bath with shower over, shower curtain rail, pedestal wash basin, WC, extractor fan Bedroom One 11'7" x 11'7" (3.55m x 3.55m) uPVC double glazed window to front elevation, carpet flooring, radiator Bedroom Two 12'3" x 11'7" (3.75m x 3.55m) uPVC double glazed window to rear elevation, carpet flooring, radiator Bedroom Three 11'9" x 11'7" (3.60m x 3.55m) two Velux double glazed windows to rear elevation, carpet flooring, radiator Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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