207A Mansfield Road, Nottingham, Nottinghamshire, NG1 3FS

Key Features: Six en-suite bedrooms fitted with a TV Modern Fitted Kitchen Communal space Outdoor area Centrally Located in Nottingham We have a fantastic investment opportunity for the right investor in Nottingham city centre. It is currently operated as a fully licenced HMO with six bedrooms, all of which have an en-suite bathroom. It also boasts a communal area and fitted kitchen. The property is conveniently positioned in Nottingham city centre, making it very popular with students from both Uni of Nottingham and Trent! It is just a five minute walk into town and around a ten minute walk to bars and restaurants in Hockley/Market Square. The property was Tenanted during the past year at £145.00 per room, per week. With all six rooms full for fifty weeks of the year, this yielded a return of over £43,000! It is a freehold property that sits above a business unit, which is also part of the freehold. This unit is leased by a third party and under the terms of the lease you would be entitled to recover a proportion of the building insurance and maintenance costs. The entrance to the property is located in alleyway to the side, with a secure door leading into the outdoor area. The main door to the property itself is adjacent to this. The first bedroom is on the ground floor, with the stairs opposite leading to the first floor. The first floor contains a further two bedrooms and t…

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