12 bedroom terraced house for sale

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12 bedroom terraced house for sale

146, 148, 150 Nottingham Road, Nottingham, Nottinghamshire, NG7 7BA
£600,000

Our Summary

  • FOR SALE BY ONLINE AUCTION - Tagline A portfolio of 3 adjoining properties, each property is a 4 bedroom HMO

Description

A portfolio of three adjoining properties, each a 4-bedroom HMO, is being sold by online auction. The properties, located on Nottingham Road, have been recently renovated and are well-maintained. They are all under 5-year leases to a housing association, with a combined annual income of £60,025.68. Each property has a large communal kitchen and lounge space, as well as a rear garden. The properties are within walking distance of Nottingham city center, Nottingham Trent University, and local amenities, and have good transport links to the surrounding region. The leases run until September 2029, and the properties have a 10% net yield on the guide price. The sale includes a range of documentation, including EICR, fire and gas safety certificates, and boiler certificates, and additional information can be found in the legal pack.