6 Bed Detached House For Sale Johnson Road, Nottingham, NG7

£450,000- Detached

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 26th April 2024

Description

Nicholas Humphreys are delighted to bring this superb 6 double bedroom, 2 Shower room student HMO property to the market for sale. This is a great investment opportunity to purchase a 6 bedroom HMO property. Located just a short walk from the main Derby Road and Lenton Boulevard crossroads.

The property comprises of 6 double bedrooms complete with bedroom furniture as standard throughout, 2 shower rooms. Decorated throughout in a contemporary style.

The property is currently let to a group of 6 students occupying the property for the 23/24 academic year, generating a gross annual rental income of £31,500.00 (Excluding bills).

The property is let for the 24/25 academic year for £33,800.00 annual rent (excluding bills) on a 52 week contract.

Situated within a prime location of Lenton. The University of Nottingham and The QMC being nearby and easy access to the City Centre with excellent transport links close by.

The property is Council Tax Band B

 

REFERRAL ARRANGEMENT NOTE

Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £250 from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.

EPC rating: D. Tenure: Freehold,
Agent Details
Nicholas Humphreys
6 Lenton Boulevard Lenton Nottingham NG7 2ES

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 6 bedroom property. See more properties like this.

See More Properties
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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested