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Redford Road

Nottingham, Nottinghamshire

£240,000

  • Fully licensed 5-bed HMO
  • High current net yield: 9.5%
  • Popular location for HMO properties
  • Long term tenants in situ
  • High local rental demand

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Nottingham, Nottinghamshire

5 Bedroom HMO  | £240,000 | 9.5% Net Yield

FREEHOLD 5-BEDROOM HMO INVESTMENT: RADFORD ROAD, NOTTINGHAM, NG7 7NQ
Asking Price: £240,000 – Freehold
An excellent freehold HMO investment opportunity in NG7, Nottingham – a postcode consistently recognised as one of the UK’s strongest-performing areas for rental yield and tenant demand. This fully licensed 5-bedroom property offers immediate rental income with no planning risk, making it an ideal addition to any investment portfolio.
PROPERTY LAYOUT
Basement
  • Living Room
  • Kitchen
Ground Floor
  • 1 Bedroom
  • Living Room
  • Kitchen
First Floor
  • 2 Bedrooms
  • W/C
  • Shower Room
Second Floor
  • 2 Bedrooms
PROPERTY SUMMARY
  • 5 Bedrooms
  • 1 Bathroom, 1 Toilet
  • Living Room
  • Kitchen
  • Basement
TENURE & COMPLIANCE
  • Freehold
  • EPC Rating: D
  • HMO Licence in place
FINANCIAL SUMMARY
Item
Figure
Asking Price
£240,000
Tenure
Freehold
Rooms Let
5
Rent per Room
£475 pcm
Gross Annual Rental Income
£28,500
Estimated Maintenance/Running Costs (20%)
£5,700
Net Annual Income
£22,800
Gross Yield
11.9%
Net Yield
9.5%
WHY THIS IS A STRONG INVESTMENT
This is a rare opportunity to secure a compliant, cash-generating freehold HMO at an attractive price point, in a location with a proven track record of strong rental demand.

Return on Capital Employed (ROCE) Calculator

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Property Price


Mortgaged

Cash Purchase

Deposit

£0.00

25%

£240,000.00

Sourcing Fees

£3,000.00

£3,000.00

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Property Rent

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£2,375.00

£2,375.00

Rental Income PA

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£28,500.00

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5%

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