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HMO, LENTON, Cycle Road, Nottingham

East Midlands

£220,000

Listed on 07/07/2026

Property details

Bedrooms
4
Type
Terraced
Area
1204 sqft

Description

This substantial four-bedroom property is ideally situated for student accommodation, presenting an appealing opportunity for investors aiming to enhance rental returns. It features generously proportioned double bedrooms, gas central heating, and double glazing, offering a solid foundation for future enhancements. As a blank canvas, this property has demonstrated strong rental demand historically and could be transformed into a high-occupancy HMO (subject to planning permissions), effectively increasing cash flow potential. With no chain and vacant possession, it stands ready for immediate investment consideration.

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Investment analysis

(NG7 area)

Below Market Value

This property is priced -18.1% below area average per sq ft

-18.1%
Potential saving
This Property
£183/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£310
Avg Yield
7.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£295,606
10% above area average per sq ft
Potential ROI
+11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NG7)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -5.8%
5 year growth: +8.9%
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, LENTON, Cycle Road, Nottingham
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 over 30 years at 4.45% 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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