Beech Avenue, New Basford, NG7 7LJ

5 BED LICENSED HMO £33,000 per annum ~ 8.92% Gross Yield ~ 115sqm / 1,237.8sqft ~ Fully Refurbished and Compliant ~ Turnkey Income-Producing Investment ~ Two En Suites ~ Prime Lettings Area ~ Modern Kitchen Diner ~ Proven Rental Demand PROPERTY SUMMARY This property presents an ideal opportunity for investors seeking a strong and reliable return.

Fully refurbished and operating as a licensed HMO, it is arranged over three floors with five well proportioned bedrooms.

Two bedrooms have private ensuite shower rooms and three bedrooms use a shared bathroom on the first floor.

The current set up achieves £6,600 per annum per room, delivering a total gross income of £33,000 per annum.

The first floor opens with an entrance hall to a modern communal kitchen and dining area with contemporary cabinetry, marble effect work surfaces and integrated appliances.

This level also includes two double bedrooms, one with an ensuite and one that uses the shared bathroom.

The second floor offers one further ensuite double and an additional double served by the shared bathroom.

The top floor provides a large double bedroom with useful eaves storage, also using the shared bathroom.

Bathrooms are finished with full tiling, modern showers, basins and WCs, and the décor is fresh and neutral for long term tenancy appeal.

The total internal area is approximately 115.0 square metres, arranged to balance comfort and practicality for low voids and steady demand.

LOCATION SUMMARY Beech Avenue in New Basford is a highly convenient location that continues to attract both professional tenants and students thanks to its excellent transport links and close proximity to key employment and education hubs.

The area sits within easy reach of Nottingham City Centre, with frequent bus and tram services providing quick connections, making it a popular choice for tenants who need reliable access to workplaces, universities and leisure facilities.

The University of Nottingham, Nottingham Trent University and the QMC Hospital are all accessible within a short commute, ensuring a wide and consistent tenant base.

Demand in this area is underpinned further by strong local employment, with a number of business parks, retail outlets and local amenities nearby.

For day-to-day convenience, tenants benefit from shops, supermarkets, gyms and food outlets all within walking distance, while the city centre offers the wider retail, leisure and nightlife appeal that supports high occupancy levels.

From an investor perspective, New Basford is a proven rental market, offering affordable purchase prices relative to central Nottingham while still commanding strong rental returns.

The area's popularity with young professionals and students alike creates resilience against void periods, while ongoing investment into the city's infrastructure, including the tram network and road links, continues to enhance its long-term appeal.

Properties here typically achieve competitive yields, and demand for well-presented HMOs and rental stock remains consistently high.

COMMUNAL KITCHEN AND DINING AREA - FIRST FLOOR A bright and modern shared space fitted with contemporary cabinetry, marble-effect worktops and integrated appliances, with space for dining and socialising.

SHARED BATHROOM - FIRST FLOOR Finished with full tiling, this communal bathroom provides a shower, basin and WC, serving three of the bedrooms.

BEDROOM ONE - FIRST FLOOR REAR (EN-SUITE) A generously sized double bedroom complete with private en-suite shower room, decorated in neutral tones with quality flooring.

BEDROOM TWO - FIRST FLOOR FRONT A well-proportioned double bedroom with neutral décor, making use of the shared bathroom.

BEDROOM THREE - SECOND FLOOR REAR (EN-SUITE) A spacious double bedroom benefiting from its own private en-suite shower room, finished with modern tiling and fixtures.

BEDROOM FOUR - SECOND FLOOR FRONT Another double bedroom decorated in a simple, neutral style, with access to the shared bathroom.

BEDROOM FIVE - THIRD FLOOR A large top floor double bedroom with character and useful eaves storage, also served by the shared bathroom. FREE PROPERTY VALUATION Why Choose Tristram's?

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What We Offer: - Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.

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We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.

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Let us unleash the full potential of your property and propel you towards your real estate dreams! Ready to embark on your property journey with confidence?

Contact Tristram's today and let's turn your aspirations into reality! DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation.

Any delay in receiving this information may cause a delay in agreeing a sale. Measurements: The room sizes are approximate and are only intended as a guide to the size of the property.

We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract.

The particulars of any property we market should be independently verified by prospective buyers.

Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property.

Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.