3-bedroom semi-detached house · DE74 2FH
Sold STCListed 87 days
Opportunity summary
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About
Excellent opportunity to purchase an HMO with tenants in situ in popularKegworth village. 6.7% return on investment at full asking price.
Overview - Excellent opportunity to purchase a furnished 3 bedroom student rental property in the village of Kegworth, close to the Sutton Bonington Campus of the University of Nottingham.
Current tenancy in place for 3 sharers on a joint tenancy at £1200 per month excluding bills. The tenancy commenced in July 2026, providing immediate monthly income for a buy to let investor.
This semi-detached period property features 3 double bedrooms, a lounge/diner, fitted kitchen, modern shower room and an easy to maintain garden with substantial outbuilding.
Close to village centre and within walking distance of the University Hopper bus stop.
The property has all up to date certificates, an electrical safety certificate, a gas safety certificate and an EPC.
It has recently been redecorated throughout and refreshed with a new sofa, blinds, light fittings and flooring.
Kegworth is a sought after village in North West Leicestershire, popular with families, commuters and students, creating a friendly community feel amongst all.
It offers a great range of local amenities, with shops, pubs, restaurants, local businesses and sporting facilities.
The village has easy access to the University of Nottingham’s Sutton Bonington Campus, and convenient public transport links to Nottingham, Derby and Leicester.
It is located just off the M1, with East Midlands Airport, East Midlands Parkway railway station and Donington Park in close proximity.
Ground Floor Bedroom - Generous double bedroom with large bay window featuring a fitted desk. Neutral décor with wood effect flooring.
Fully furnished with double bed and mattress, chair, wardrobe and chest of drawers.
Lounge/ Dining Room - Well presented neutral lounge/ diner with wood effect flooring, space for both seating and dining for a comfortable communal area.
Includes a new stylish sofa, large rug, dining table and chairs.
Kitchen - Modern fitted kitchen with a range of white wall and base storage units, dark grey worktops, wood effect flooring, oven with hob and extractor fan, washing machine, fridge freezer, sink below large window which lets in lots of natural light and door providing access to the rear garden.
Upstairs Front Bedroom - Spacious double bedroom, front facing room with large window, wood effect flooring, fully furnished with bed and mattress, fitted wardrobe, chest of drawers, desk and chair.
Upstairs Rear Bedroom - Rear facing double bedroom, wood effect flooring, fully furnished with bed and mattress, fitted wardrobe, chest of drawers, desk and chair.
Bathroom - Modern shower room fitted with full size shower cubicle with tiling, shower seat and glass door, WC, hand basin, integrated storage unit featuring a large rear facing window.
Garden - Rear garden is mostly hardscaped with some gravelled areas and amture shrubs. Low maintenance making it ideal for a buy to let. Substantial outbuilding with opportunity for renovation.
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.
Area
Agent & docs
FAQ
About Nottingham Road, Kegworth
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