This four-bedroom HMO property in Lenton offers a prime opportunity for investors aiming to capitalize on the student rental market. With its proximity to Derby Road Sainsbury's, University Park, and the Jubilee Campus, this property is well-positioned for strong rental demand. Currently configured with four double bedrooms, two separate living rooms, a kitchen equipped with essential appliances, and two bathrooms, it already serves as a reliable student accommodation with tenants secured through the end of August 2026.
There is considerable potential for renovation to enhance the property's value and increase rental income. Plans could include adding an additional lettable room, subject to obtaining the necessary planning permission and licensing. The existing layout presents a manageable starting point for updates or modifications that can yield higher returns.
The ground floor features two reception rooms and a functional kitchen with space for modern appliances. The bathroom includes a shower over bath setup that may benefit from upgrades. The first floor provides two bedrooms and an additional shower room, which can be refreshed to attract future tenants. The second floor hosts two further bedrooms with dormer windows.
Externally, there's limited outdoor space with a small access yard at the rear. This property not only represents a solid investment today but also holds significant promise for future enhancements.
