This property has been taken off the market.

8 Bed House For Sale Cromwell Street, Nottingham, NG7

£550,000

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Last Updated: 25th June 2024

Description

Comfort Estates is proud to present this very spacious, well-presented 8 double bedroom HMO positioned in the Arboretum, 2 minutes walking distance to NTU and perfect for walking into the City Centre. It is the perfect investment and comes with NO CHAIN!

It boasts a fantastic location within walking distance into the City Centre, being close to the central University sites and the Forest Recreation Ground. With the main road links and the transport, journeys in and around Nottinghamshire are much more convenient!

Sold with no upward chain, this presents a great opportunity for investors looking for an HMO, which is currently occupied by student tenants who will move out by 20-08-2024 achieving £60,651.84, p/a which represents a gross rental yield of 11%.
Agent Details
Comfort Estates
47 Derby Road, Nottingham, NG1 5AW

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested