4 Bed End Terrace House For Sale Kilbourn Street, Nottingham, NG3

£350,000- End Terrace

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Last Updated: 22nd April 2024

Description

GUIDE PRICE £350,000 - £375,000 POTENTIAL HMO INVESTMENT subject to license approval. This would be a perfect and easy investment to take on with tenants already lined up for the next academic year rented out for £165pppw inclusive of bills for this academic year at a gross rental income of £33400 at 9.5% yield approximately and tenancy is secured for the academic year 2024-2025.. This property is well presented, modern and Close to City Centre and universities. The property may re

The property is ideally located just on the border of Nottingham City Centre and is very popular amongst students, with local bus links and only a 5 minute walk to Nottingham Trent University. Local amenities are also close by.

The property consists from: entrance porch , first bedroom with en-suite , open plan communal living room, modern fitted kitchen and access to low maintenance rear garden. The first floor enjoys three double bedrooms with respective en-suites and all in modern décor and well presented throughout.
Rent per room:-

Room 1 : £165pppw
Room 2 : £165pppw
Room 3: £165pppw
Room 4 : £165pppw
Tenanted until August 2024 and tenants secured for 2024-2025 academic year
Gross rental yield : 9.5% circa

This property is well presented, modern and fully furnished and is ready and waiting. Call the team now and arrange your viewing appointment now.
Agent Details
haart
16/18 Upper Parliament Street, Nottingham, NG1 2AD

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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.
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This is the potential achievable yield.
Potential Return-on-Cash Invested