This four-bedroom licensed HMO presents a solid investment opportunity in The Arboretum, one of Nottingham's most sought-after areas for student rentals. Situated within a five-minute walk of Nottingham Trent University and conveniently close to tram services and city centre amenities, this property is strategically positioned for strong rental demand. Currently tenanted with a gross annual income of £20,000 from 2025/26 academic year leases at £100 per person per week, it boasts an impressive yield of 11% based on the guide price.
The layout includes four spacious double bedrooms, a communal lounge on the first floor, a shared kitchen/diner, and a bathroom. Notably, the full-height unconverted basement holds significant potential for conversion into additional living space such as a cinema room or extra communal area. Furthermore, the loft area remains unconverted and could offer future development possibilities, subject to obtaining necessary planning permission.
The Arboretum is known for its appealing residential character and consistent rental stability among students, particularly favored by NTU second-year and postgraduate tenants. With options for renovation and enhancement available, this property can capitalize on its current rental success while improving overall value through strategic upgrades.