5 Bed House For Sale Sherwin Grove, Nottingham, NG7
£350,000
1 of 15
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Last Updated: 22nd March 2024
Description
Welcome to the market this Five double bedroom HMO property set in Old Lenton NG7, a very popular student location also known as 'The University Triangle', just a short distance to tram stops with direct access to Nottingham University, Nottingham Trent University and QMC
The property is currently making a £18,900 annual income over a 42 week rental period based on £90 per week per room. Other properties in the area offer £120 per week per room based on a 52 week period.
The property is rich with original feautes and set on a quiet cul de sac location. Comprising internally of five double bedrooms, a lounge, fitted kitchen, conservatory as well as a 3 piece bathroom with an additional shower rooms and WC.
Agent Notes:
The property has not been let agreed for acedemic year 2024/2025 to allow the new landlord to change tenancy agreements and increase rental income. Although some tenants have expressed an interest in staying.
The property is currently making a £18,900 annual income over a 42 week rental period based on £90 per week per room. Other properties in the area offer £120 per week per room based on a 52 week period.
The property is rich with original feautes and set on a quiet cul de sac location. Comprising internally of five double bedrooms, a lounge, fitted kitchen, conservatory as well as a 3 piece bathroom with an additional shower rooms and WC.
Agent Notes:
The property has not been let agreed for acedemic year 2024/2025 to allow the new landlord to change tenancy agreements and increase rental income. Although some tenants have expressed an interest in staying.
Agent Details
Bairstow Eves
24-26 Maid Marian Way Nottingham NG1 6HS
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.