4 Burns Avenue, Nottingham NG7 4DR

This four-bedroom licensed House in Multiple Occupation (HMO) represents a significant investment opportunity situated within Nottingham's vibrant Arboretum area, renowned for its desirability among students. Just a short stroll from Nottingham Trent University and well-connected to the city centre via tram, the property is currently leased for the academic year at £100 per person per week, with an attractive gross annual rental income of £20,000. The property boasts four spacious double bedrooms along with a first-floor lounge, shared kitchen/diner, and a bathroom. Notably, there is an unconverted full-height basement that has exciting potential for conversion into additional communal space or even a cinema room. Additionally, the loft area remains unaltered and could also be developed further subject to planning approval. The location not only promises consistent rental demand but also benefits from substantial long-term capital growth potential due to its prime position within the student rental market. As it stands in a conservation area, any renovations should consider preservation guidelines while maximizing value.