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Long Eaton, Long Eaton NG10 Mixed use for sale
Long Eaton, Long Eaton NG10
£1,650,000
Long Eaton, Long Eaton NG10
£1,650,000
Our Summary
- 20%We are delighted to bring to market an exceptional, fully tenanted 16-unit HMO offering an outstanding turnkey investment opportunity in the heart of Long Eaton, Nottinghamshire
- 20%This property is fully let and income-producing from day one, with no refurbishment or additional investment needed
Description
This prime luxury 16-bedroom HMO investment property is located in the heart of Long Eaton, Nottinghamshire, and is fully tenanted, delivering a strong and consistent rental return. The property has been meticulously refurbished from bare brick and newly completed, offering 16 self-contained studio rooms across three spacious floors, each with private en-suite shower room, high-spec kitchenette, modern furnishings, and stylish décor. The property benefits from exceptional local amenities, including shops, supermarkets, restaurants, and nightlife, as well as excellent transport links to Nottingham, Derby, and the wider East Midlands. With a gross rental income of £153,000 per annum and a net return of £135,132 per annum, this property offers a gross yield of 9.27% and a net yield of 8.20%, making it an outstanding turnkey investment opportunity for serious investors looking for high-yielding, low-maintenance assets in a booming rental market.