Skip to content

Broomhill Road, Hucknall

PROPERTY TYPE

Block of Apartments

BEDROOMS

24

BATHROOMS

24

SIZE

Ask agent

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Freehold HMO investment in prominent convenient spot
  • Close tram and bus service
  • Within walking distance of town centre
  • Fully licensed and compliant closely managed
  • 4 flats – 19 en suite and 5 studios
  • c.95% Occupancy for last 12 months
  • c 6.5% net return
  • EPC rating D
  • Nearly £145k gross income PA fully let
  • Scope to further develop / improve

Description

Investment Opportunity

A freehold HMO investment opportunity comprising a substantial detached Victorian property with further additions split into 4 flats with 19 en-suite rooms and five studios. There is associated kitchen / communal space and off-road parking for 6/7 vehicles.

The property is fully compliant and is currently managed by a local managing agent who has competently managed. The property has averaged a 95% occupancy rate and fully let returns a gross income of around £145k PA giving a net yield of around 6.5% PA.

The property is prominently located giving easy access to local services and is adjacent to tram and bus stops.

An excellent opportunity, please enquire for further details.

Viewing strictly by appointment only via sole selling agent, Alexanders of Melton Mowbray .

General Description - A freehold HMO investment opportunity comprising a substantial detached Victorian property with further additions split into 4 flats with 19 en-suite rooms and five studios. There is associated kitchen / communal space and off-road parking for 6/7 vehicles.

The property is fully compliant and is currently managed by a local managing agent who has competently managed. The property has averaged a 95% occupancy rate and fully let returns a gross income of around £145k PA giving a net yield of around 6.5% PA.

The property is prominently located giving easy access to local services and is adjacent to tram and bus stops.

An excellent opportunity, please enquire for further details.

Viewings - Viewing strictly by appointment only via sole selling agent, Alexanders of Melton Mowbray .

Measurements - Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.

Tenure - Freehold.

Money Laundering - Where an offer is successfully put forward, we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving licence and recent utility bill to prove residence. Prospective purchasers will also be required to have an AML search conducted at their cost. This evidence and search will be required prior to solicitors being instructed.

Brochures

Broomhill Road, HucknallBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Broomhill Road, Hucknall

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hucknall Station0.7 miles
  • Moor Bridge Tram Stop1.1 miles
  • Bulwell Forest Tram Stop1.6 miles
Check how much you can borrow
Get a Mortgage in Principle
You'll have a personalised result in just 20 minutes and you could get viewings faster when you find the home you want, with no impact on your credit score.Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
Recently sold & under offer
See similar nearby properties

About Alexanders, East Midlands

21 Market Place, Melton Mowbray, LE13 1XD

Alexanders are fully engaged in property. We are dedicated to presentation and service, and are ready to craft a bespoke marketing strategy tailored to each individual property.

As a local, independent estate agent, we make a commitment to establishing long-term client relationships. We offer a personal service, delivered by an enthusiastic and professional team, from our offices in Ashby-de-la-Zouch, Loughborough, Market Bosworth and Melton Mowbray.

With a combined 125 years of experience, we guarantee an approach that retains traditional values whilst embracing all modern aspects of our profession. We invest in only the best training by the most successful and proven operators in the industry.

We are passionate about our specialism in residential sales, together with land and new homes, and aim to exceed expectations with an emphasis placed upon strength of negotiation and industry leading marketing. Communication has and always will be a fundamental part of our service.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 33084955. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Alexanders, East Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.