>
4 bedroom end of terrace house for sale
Burns Avenue, Nottingham NG7
£299,950
Burns Avenue, Nottingham NG7
£299,950
Our Summary
- 3% Yield – Rear Extension Potential - Guide Price: £299,950
- Just a five-minute walk from Nottingham Trent University, this property benefits from location security and future development potential
- The corner plot includes a large rear garden with clear potential for a rear extension (subject to planning), in addition to an unconverted full-height basement, ideal for a cinema room or student amenity
- Large corner plot with rear garden and scope for rear extension (STP)
- Full-height basement with conversion potential
- Corner plot provides layout flexibility and scope for a rear extensions (STP)
- Full-height unconverted basement with scope for cinema/social use
- Well-positioned for capital uplift and student rent increases
Description
This four-bedroom licensed HMO is located on a prominent corner plot on Burns Avenue, Nottingham, just a five-minute walk from Nottingham Trent University. The property is fully let for the 2025/26 academic year, producing a gross annual income of £21,920, with a 7.3% yield based on the guide price of £299,950. The property features a spacious layout, including a wide entrance hallway, first-floor lounge, shared bathroom, and extended kitchen/diner. The corner plot offers a large rear garden with potential for a rear extension (subject to planning) and an unconverted full-height basement. The property is freehold, HMO licensed, and located within the Nottingham City Council Article 4 area.