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Portland Road, Nottingham

Key information

Offers In The Region Of
£325,000
Bedrooms
5
Property type
House - Mid Terrace
Bathrooms
1
View property
Location
116, Portland, Road, Nottingham, NG7 4GP
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Key features

  • Five generous double bedrooms spread across three floors
  • Private rear garden
  • Well appointed bathroom and separate WC
  • Current gross income - £32,175 pa
  • Offers in the region of £325,000
  • £65,000 per bed
  • Initial 9.9%

Overview

This property is located within walking distance of Nottingham Trent University, the City Centre and tram links. Portland Road is highly sought after rental location for students and young professionals alike.

The property is just moments from local shops, cafes and parks, offering a perfect balance of convenience and community. The property is currently occupied by students, but is also suitable for occupation for PRS.


This excellent investment opportunity offers immediate rental income and strong yield, situated on the ever popular Portland Road, this substantial 5 bedroom three storey HMO stands approximately 1,543ft² and is fully let for the academic year 2025/26 at £135 pw including bills, equating to a gross income of £32,175 pa. Based upon 11 month tenancies.

This property has now been relet for the following academic year at the same rent, thus securing the income until August 2027.

This well known tenant property is arranged over 4 floors including basement and offers generous proportions throughout each of the 5 double bedrooms, the spacious living/dining room, separate modern kitchen and private rear garden, ideal for outdoor relaxation or bike
storage.
Highlights of the property include:
• 5 generous double bedrooms spread across 3 floors • Separate lounge and kitchen • Ideal for shared living • Private rear garden providing valuable outdoor space • Basement cellar, ideal for storage or further utility use • Fully licensed HMO with tenants secured for a further 18 months • Modern kitchen with fitted appliances and gas hob • Well appointed bathroom with separate WC

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