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Saracen's Head, North Sherwood Street, Nottingham

East Midlands

£520,000
Listed on 22/11/2025

Property Details

Bedrooms
11
Type
Detached house
Area
1230 sqft

Description

This well-established HMO represents a compelling opportunity for investors, offering a robust yield of 10.1% with guaranteed rental income secured until Summer 2025. Featuring 11 bedrooms and desirable off-street parking, the property includes outbuildings that hold potential for further development, subject to planning consent. Situated in a sought-after student rental area, this property not only promises reliable returns but also presents avenues for value enhancement through thoughtful renovations.

Investment Analysis

(NG1 area)

Above Market Value

This property is priced +76.8% above area average per sq ft

+76.8%
This Property
£423/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£290
Avg Yield
9.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£323,570
10% above area average per sq ft
Potential ROI
-47.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (NG1)

Area prices are falling by +10.7% over the last 12 months
3 year growth: -9.1%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on NG1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Saracen's Head, North Sherwood Street, Nottingham
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