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8 bedroom semi-detached house for sale
23 Noel Street, NG7 6AQ
£525,000
23 Noel Street, NG7 6AQ
£525,000
Our Summary
- Located in a prime position on Noel Street in NG7, right outside the tram stop, this exceptionally well-kept 8-bedroom HMO offers a rare investment opportunity in one of Nottingham’s most sought-after student rental locations
- With an EPC rating of C, the property is already compliant with potential legislative changes, providing peace of mind for long-term investors
Description
This exceptional 8-bedroom HMO in Nottingham's prime student rental location on Noel Street offers a rare investment opportunity. Fully let for the 2025/26 academic year, the property generates a strong annual income of £56,000, equating to a gross yield of approximately 10.66%. The property spans over 2,300 sq.ft across three floors, featuring a welcoming entrance hall, a large communal living room, eight well-proportioned bedrooms, and multiple bathrooms. The property has been thoughtfully arranged to maximize space, privacy, and tenant comfort, and benefits from off-street parking and solar panels to reduce energy costs. With an EPC rating of C, the property is already compliant with potential legislative changes, providing peace of mind for long-term investors. This is a ready-made, hands-off investment with no maintenance required and a reliable rental history, making it an attractive opportunity for those looking to generate a strong income in the student rental market.