Gloucester Avenue, Nottingham
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
6
- BATHROOMS
2
- SIZE
1,270 sq ft
118 sq m
- TENUREDescribes 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
- Investment Opportunity
- Student HMO
- Current Annual Yield £55,400
- 6 Letting Rooms
- Semi-Detached House
- Fully Furnished
- Central Heating
- Double Glazing
- Burglar Alarm
- Close to Nottingham University
Description
Prime Student Investment Opportunity - Situated in the heart of Lenton, Nottingham, 9 Gloucester Avenue is an exceptional investment opportunity tailored for the student rental market. This semi-detached Student HMO boasts a total of six spacious double bedrooms, making it an ideal choice for those seeking a steady rental income.
Outstanding Rental Yield - Currently, the property generates an impressive annual yield of £55,400, making it a lucrative addition to any property portfolio. Each room is let on a yearly basis, ensuring consistent occupancy and income.
Fully Furnished For Convenience - The property comes fully furnished, offering immediate comfort and convenience for tenants. The shared kitchen is well-equipped with essential appliances, including a fridge/freezer, washing machine, and dishwasher, catering to the needs of modern student life.
Comfortable Living Spaces - In addition to the well-appointed kitchen, there is a spacious shared lounge, perfect for socialising and relaxing. The property also features a bathroom and a separate shower room, reducing waiting times and enhancing tenant satisfaction.
Security And Comfort - For added peace of mind, the house is protected by a burglar alarm. The property also benefits from central heating and double glazing, ensuring a warm and energy-efficient environment.
Ideal Location - Located close to Nottingham University, the property is ideally positioned to attract students. Lenton is a vibrant area with excellent transport links, making it easy for tenants to commute to the university and enjoy the local amenities.
Room Dimensions - Kitchen: 10' 11? x 8' 5? (3.33 x 2.57m)
Living Room: 12' 5? x 11' 9? (3.79 x 3.58m)
Bedroom 1: 11' 3? x 8' 2? (3.42 x 2.3m)
Bedroom 2: 12' 4? x 9' 11? (3.77 x 3.01m)
Bedroom 3: 12' 6? x 9' (3.80 x 2.75m)
Bedroom 4: 11' 4? x 8' 6? (3.46 x 2.59)
Bedroom 5: 12' 2? x 8' 7? (3.69 x 2.61)
Bedroom 6: 14' 10? x 8' 8? (4.51 x 2.63)
Tenure And Financials - The property is offered on a freehold basis, providing long-term security and investment potential. The monthly rent roll for the current student year is £4,618, further highlighting its financial viability.
Tenure - We have been advised that the property is FREEHOLD.
Council Tax - Band B.
Brochures
Gloucester Avenue, NottinghamBrochure- 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- 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
Gloucester Avenue, Nottingham
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Nottingham Trent University Tram Stop1.0 miles
- Royal Centre Tram Stop1.0 miles
- High School Tram Stop1.0 miles
About the agent
Harry Harper Sales & Lettings, Cathays
85 Cathays Terrace Cathays Cardiff CF24 4HT
Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.
HH Sales & Lettings has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.
Our record of success has been built upon a single-minded desire to provide our clients, with a top class personal service delive
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 33124305. 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 Harry Harper Sales & Lettings, Cathays. 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.
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