5 bedroom semi-detached house for sale

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5 bedroom semi-detached house for sale

Queens Road, Beeston, Nottingham
£300,000

Our Summary

  • FOR SALE BY LIVE NATIONAL AUCTION ON TUESDAY 11TH MARCH 2025GUIDE PRICE: £300,000 - £350,000 FREEHOLD** PLEASE CALL FOR VIEWINGS **This fully licensed 5-bedroom HMO, recently refurbished to an excellent standard, offers a prime investment opportunity
  • They are not necessarily figures which a property will sell for and may change at any time prior to the auction
  • Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide

Description

This fully licensed 5-bedroom HMO in Beeston, Nottingham, is a prime investment opportunity. Recently refurbished to an excellent standard, the property extends to approximately 1,800 sq ft and is currently fully let to Uni Let on a 50-week tenancy, generating a gross annual income of £34,000 and delivering an impressive 10% yield. The accommodation is spread across three floors, featuring a lounge, kitchen, and bathroom on the ground floor, with three additional bedrooms and a bathroom on the first floor, and two further rooms on the second floor. The property also benefits from a rear courtyard garden and is located near Nottingham University, making it an ideal investment opportunity for those looking to capitalize on the growing student population in the area. With a guide price of £300,000-£350,000, this property is set to attract significant interest at auction.
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