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

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! 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! The letting is managed by an agent who are in the process of filling the rooms ahead of the next student year to ensure that the rent potential is realised. There are currently two rooms with agreed lets, with further viewings ongoing to fill the other four. 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. Viewing will be available after 19th August The photos listed were taken before the most recent tenancy EPC Rating: D Important Notice to Prospective Buyers We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become p…

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