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HMO. Claude Street, Nottingham

East Midlands

£190,000
Listed on 11/05/2026

Property Details

Bedrooms
4
Type
Terraced
Area
982 sqft

Description

This mid-terraced property in Dunkirk presents a promising investment avenue for developers and landlords. Currently set up with four rental rooms, it is strategically located within a short walk to the University of Nottingham and Queen’s Medical Centre, ideal for student tenants. While the property requires extensive refurbishment, it offers a blank canvas to transform it into a high-yielding House in Multiple Occupation (HMO). The existing design includes separate lounge and kitchen areas, along with two shower rooms which enhance its appeal in the competitive student rental market. Additionally, the rear garden adds outdoor space that can be utilized for tenant enjoyment. With gas central heating and double glazing already installed, this property is well-positioned to meet current rental demands, presenting an excellent opportunity for value enhancement in an established rental area.

Investment Analysis

(NG7 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£193/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£359
Avg Yield
9.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£240,507
10% above area average per sq ft
Potential ROI
-3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG7)

Area prices are falling by -14.9% over the last 12 months
3 year growth: -8.7%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on NG7 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.

Location

HMO. Claude Street, Nottingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£678
Based on a loan of £142,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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