Elmsthorpe Avenue, Nottingham

PROPERTY SUMMARY An excellent opportunity to acquire a substantial and well-arranged HMO investment property, set over three floors and configured to maximise rental income. The property offers generous and versatile accommodation, comprising multiple well-proportioned double bedrooms, a communal living room, fitted kitchen, and bathroom facilities, making it ideally suited to both student and professional tenants.

The ground floor provides a spacious communal living area, a fitted kitchen with a range of units and appliances, and an additional double bedroom, offering a practical and sociable layout for tenants. The first floor hosts further well-sized double bedrooms along with a bathroom, while the second floor adds an additional large bedroom, further enhancing the overall rental capacity of the property.

Each bedroom is of a good size, allowing for strong tenant demand and consistent occupancy levels, while the communal areas are functional and well-balanced to support a multi-let setup. Externally, the property benefits from a low-maintenance rear garden, ideal for tenants and easy to manage from a landlord's perspective.

The property is to be sold with tenants in situ, currently generating a rental income of £2,253 pcm (£520 pw), equating to an annual income of approximately £27,036. Additionally, replacement tenants are already due to be lined up at the same rental level, ensuring continuity of income and minimising any potential void periods.

This represents a strong, income-producing investment with immediate cash flow from completion. The property offers a proven letting history, a layout well-suited to HMO use, and scope for future rental growth or value enhancement through cosmetic improvements if desired.

A ready-made investment in a popular and well-established rental location, ideal for both new and experienced landlords seeking a stable and attractive yield. 

LOCATION SUMMARY Situated on Elmsthorpe Avenue in the popular Lenton area of Nottingham, this property occupies a highly sought-after location, particularly favoured by students and young professionals. Lenton is widely regarded as one of Nottingham's primary student hubs, benefiting from close proximity to both the University of Nottingham and Nottingham Trent University, both of which are within walking distance or a short commute.

The area offers excellent access to a wide range of local amenities, including supermarkets, convenience stores, cafés, bars, and restaurants, all within easy reach. Larger retail options can be found nearby at Castle Marina Retail Park, providing further shopping and leisure facilities.

Elmsthorpe Avenue is also well positioned for access to Nottingham City Centre, which is just a short distance away, offering an extensive selection of shops, entertainment venues, and nightlife. The area is well-served by regular bus routes and transport links, making it easy for tenants to travel across the city and beyond.

The surrounding NG7 postcode is characterised by a strong rental market, with a high proportion of shared housing and HMOs, making it a proven and established location for buy-to-let investors. The area is also conveniently located near key employment and healthcare hubs, including the Queen's Medical Centre, further supporting consistent tenant demand.

Overall, the location provides an ideal balance of accessibility, amenities, and strong rental demand, making it particularly attractive for investors seeking a reliable and high-yielding asset in one of Nottingham's most established letting areas. 

ENTRANCE HALLWAY Providing access to the ground floor accommodation, with stairs rising to the first floor and access into the communal living areas. 

LIVING ROOM A spacious communal area, ideal for tenants to relax and socialise, offering a comfortable and practical layout. 

KITCHEN Fitted with a range of wall and base units, work surfaces, and appliances, providing ample space for shared use. 

GROUND FLOOR BEDROOM A well-proportioned double bedroom, offering flexibility within the layout and suitable for letting. 

FIRST FLOOR LANDING Giving access to further bedrooms and bathroom facilities. 

BEDROOM TWO A good-sized double bedroom, well suited to tenant occupation. 

BEDROOM THREE Another well-proportioned double bedroom, offering comfortable living space. 

BATHROOM Fitted with a suite comprising bath with shower over, wash hand basin, and WC, serving the first floor accommodation. 

SECOND FLOOR LANDING Providing access to the top floor bedroom. 

BEDROOM FOUR A large double bedroom occupying the top floor, enhancing the overall rental capacity of the property. 

REAR GARDEN A low-maintenance outdoor space, ideal for tenant use and easy upkeep from a landlord's perspective. 

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DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.