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See how verdicts work6-bedroom terraced house · NG7 4AH
Listing removedListed 513 days
Opportunity summary
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About
6-Bed Licensed HMO – £45,240 Annual Income | 9.42% Yield | Prime Student Location Located minutes from Nottingham Trent University, this high-performing 6-bed HMO is fully let at £145pppw (bills inclusive) for 2024/25 and marketed at the same rate for 2025/26.
A strong turnkey investment in Nottingham’s student core.
54 Peveril Street, Nottingham | 6-Bedroom HMO Investment | £480,000 | Offers Invited Modern Student HMO Let for £145pppw (Inclusive) – Strong 8.01% Net Yield An excellent opportunity to acquire a high-performing 6-bedroom HMO investment property situated less than a mile from Nottingham Trent University's City Campus.
54 Peveril Street is located within a modern, purpose-built student development, ideally positioned off Alfreton Road with easy access to local amenities, tram and bus routes.
Set across three floors, the property is perfectly laid out for student sharers, offering generous and evenly sized double bedrooms, multiple communal areas, and premium fixtures.
Property Features: 6 Double Bedrooms – all evenly sized 2 Full Bathrooms – one on each upper floor Spacious open-plan kitchen/diner Separate communal lounge with large Smart TV White goods including American-style fridge freezer, washer and dryer Virgin Media M350 Fibre Broadband + 200 TV Channels Flat-screen TVs in every bedroom 2 Allocated Parking Spaces Located in a development approximately 10–12 years old Less than 1 mile from Nottingham Trent University City Campus Investment Highlights: Tenancy for 2024/25: Fully let at £145pppw inclusive of bills Gross Annual Rent: £45,240 (6 tenants × £145pppw × 52 weeks) Operating Expenses (Estimated at 15%): £6,786 Net Annual Income: £38,454 Asking Price: £480,000 Gross Yield: 9.43% Net Yield: 8.01% This is a turnkey, fully let HMO with a proven rental track record, positioned in one of Nottingham's most reliable student letting areas.
The neighbouring property at 56 Peveril Street is also available by separate negotiation, presenting an ideal portfolio purchase opportunity for serious investors.
2 Gadd Street, 54 Peveril Street & 56 Peveril Street can all be offered as a portfolio sale.
Portfolio Summary: Total Gross Annual Rent: £134,160 Total Net Annual Income: £114,036 Total Asking Price: £1,420,000 Combined Net Yield: 8.03% These sales particulars have been prepared by FHP Living on the instruction of the vendor.
Services, equipment and fittings mentioned in these particulars have not been tested, and as such, no warranties can be given.
Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract.
Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.
Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e.
Passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 54, Peveril Street, Nottingham
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