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4 bedroom terraced house for sale
Ilkeston Road, Lenton, NG7 3HF
£265,000
Ilkeston Road, Lenton, NG7 3HF
£265,000
Our Summary
- Potential for rental increase after renovation
Description
This 4-bedroom student HMO property is located in the sought-after area of Lenton, within walking distance of the University of Nottingham, Queen's Medical Centre, and the city centre. The property has a long history of successful lettings and is currently licensed for 4 lettable rooms. For the 24-25 and 25-26 academic years, the property is let on a 50-week tenancy with rent of £24,000 per annum, inclusive of bills and contents insurance, with an additional £30 per person per week allowance for bills. The property has a bathroom and a substantial history of use as an HMO, offering potential for rental increase after renovation.