Langham House is a substantial 10-bedroom licensed HMO that offers significant renovation and investment potential. Currently configured as eight lettings, this property is fully occupied by students from Nottingham Trent University until June 2026, generating an annual rental income of £68,640 (£165 per person per week). With a total area of approximately 4,000 sq ft spread across four levels, it features ten double bedrooms, four bathrooms, a spacious communal kitchen, utility room, and a large lounge area.
This property has been professionally managed and maintained over the years, boasting a reliable performance record with occupancy rates that typically reach around £81,000 annually when fully leased. This consistent income stream provides a solid foundation for prospective investors looking to enhance value through future renovations or adjustments.
Additionally, Langham House comes with existing planning consent for conversion into two separate family homes—subject to verification that the consent remains active. This presents an excellent opportunity for those interested in redeveloping the space while still benefiting from current rental income.
The location further enhances its appeal; situated within close proximity to both universities and Nottingham city centre, the property lies in an established student catchment area characterized by sustained demand and rental stability.
Investors will find this property to be an ideal candidate for both immediate income generation and long-term development potential.
