6-bedroom house · NG5 1BS
For saleListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Six Bedroom HMO Investment Opportunity with Potential for Residential Conversion.
An excellent opportunity to acquire this substantial six-bedroom House in Multiple Occupation (HMO) situated in the highly sought-after area of Carrington, just north of Nottingham City Centre.
Offering spacious accommodation arranged over three floors, this property is ideally suited to investors seeking a strong rental asset, whilst also presenting the potential for conversion back into a sizeable family home, subject to any necessary consents.
The accommodation comprises a ground floor living room, Bedroom Six, a fitted kitchen, and access to the enclosed rear garden.
To the first floor are three well-proportioned bedrooms and two bathrooms, providing practical facilities for occupants.
The second floor offers a further two bedrooms, completing the generous six-bedroom layout.
Externally, the property benefits from a rear garden, providing valuable outdoor space for residents or a family purchaser.
Carrington remains one of Nottingham's most popular residential locations, offering an attractive blend of convenience, local amenities and excellent transport links.
Herbert Road is ideally positioned within easy reach of Nottingham City Centre, Nottingham Trent University, Nottingham City Hospital and a wide range of shops, cafés, restaurants and supermarkets.
The area is popular with both professionals and families, benefiting from regular public transport services, nearby parks and excellent access to the wider Nottingham road network.
As a result, Carrington continues to experience strong demand from both tenants and owner-occupiers alike. No upward chain. Call now on to book your viewing today!
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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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 61, Herbert Road, Nottinghamshire
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