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10

Cycle Road, Nottingham, NG7 2DT

SOLD
£370,000
5 bedrooms, 2 bathrooms, 1 receptions

Summary:


SOLD PRIOR TO MARKETING. Student HMO Investment OpportunityEarn a strong potential return of 8% yield on your investment with this student HMO property.Secure tenancy in place until summer 2024 at £28,600 per annum, with a guaranteed increase to £29,900 per annum under a new tenancy agreement secured until summer 2025.Ideal for student sharers, the property boasts 5 double bedrooms, all featuring fitted wardrobes for ample storage. Two shower rooms provide added convenience for tenants.Gas central heating ensures year-round comfort, while the property's location in a popular student rental area guarantees high occupancy rates.This is a ready-made investment opportunity that requires minimal effort to get started. Don't miss out on the chance to acquire a lucrative student property!


Key Features:

  • SOLD PRIOR TO MARKETING.
  • Student HMO Investment.
  • Let at £28,600 until summer 2024.
  • New let in place at £29,900 until summer 2025.
  • 5 Double bedrooms.
  • 2 Shower rooms.
  • Gas central heating.
  • All bedrooms with fitted wardrobes.
  • Ready made investment.
  • Popular rental location.


Full Details:





Viewing & Disclaimer:


Please contact us on 0115 912 0061 if you wish to arrange a viewing appointment for this property, or require further information.

Energy Performance Certificate
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MS Estates - NG7 endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

 


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