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:
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Energy Performance Certificate
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