Offering a unique investment opportunity, this substantial 10-bedroom licensed House in Multiple Occupation (HMO) is currently configured for student accommodation, with eight rooms let to Nottingham Trent University students until June 2026. Generating an annual income of £68,640 based on current lettings at £165 per week per room, the property demonstrates strong rental potential with previous full occupancy figures indicating up to £81,000 per year when fully let.
Spanning approximately 4,000 sq ft across four levels, the property features ten double bedrooms and four bathrooms along with communal spaces including a large kitchen and lounge area. It has been professionally managed and maintained to a good standard throughout its operation.
An enticing aspect of this property is the existing planning consent for conversion into two separate houses, pending confirmation of its validity. This flexibility opens doors for both value-add strategies or full redevelopment while enjoying steady rental income from current tenants.
Situated conveniently near Nottingham city centre and both universities, this HMO stands in a desirable student catchment area characterized by robust demand and rental resilience. This makes it ideal not only for immediate income generation but also as a promising long-term investment option.
