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HMO. Claude Street, Nottingham NG7

East Midlands

£183,000

Listed on 02/07/2026

Property details

Bedrooms
4
Type
Terraced
Area
982 sqft

Description

This is a noteworthy investment opportunity situated in a desirable area of Dunkirk, ideal for both investors and developers. The property currently operates as a student HMO with four lettable rooms, strategically located just a short walk from the University of Nottingham and the Queen’s Medical Centre. Though it requires comprehensive refurbishment, it presents an excellent chance to design a high-yielding rental space tailored to the student demographic. The existing layout includes a separate lounge and kitchen, which are essential for tenant comfort, along with two shower rooms—an advantageous feature for shared living conditions. Additionally, the property includes a rear garden and benefits from gas central heating and double glazing already installed. This location has a consistent demand for student accommodation, making it an appealing value-add project for landlords seeking to enhance their property portfolio in this well-established rental market.

Investment analysis

(NG7 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£186/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£310
Avg Yield
7.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£241,101
10% above area average per sq ft
Potential ROI
-4.7%
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. Claude Street, Nottingham NG7
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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
£691
Based on a loan of £137,250 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

Price History

-3.7% since listed
£183,000£7,000(-3.7%)
16/06/2026
Current price
£190,000Initial listing
16/05/2026

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