Forest Road East, Nottingham 6 bed end of terrace house for sale

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Forest Road East, Nottingham 6 bed end of terrace house for sale

Forest Road East, Nottingham
£575,000

Our Summary

  • Both the storage room and the cellar provide potential for conversion, subject to the obtaining the necessary planning consent
  • The cellar is divided into four rooms (offering the potential for conversion, subject to obtaining the necessary planning consent)
  • On reaching the second floor, the landing has a loft access hatch, and gives access to a useful store room (providing potential for conversion, subject to obtaining the necessary consents), two further bedrooms, and a bathroom
  • Investment Opportunity (HMO Licensed)

Description

This three-storey end-terrace house in the popular Arboretum area of Nottingham is a fantastic investment opportunity. With an existing HMO license, it is currently let for the academic year 2025/2026, generating an annual income of £40,500. The property features six bedrooms, three bathrooms, a reception room, and a kitchen on the ground floor, with a cellar and off-road parking to the front and side. The storage room and cellar offer potential for conversion, subject to planning consent. The property is close to Nottingham City Centre, Nottingham Trent University, and local transport links, making it an ideal location for students. With its potential for further development and lucrative rental income, this property is a great opportunity for investors.