4 Bed Semi-Detached House For Sale City Road, Nottingham, NG9

£350,000- Semi-Detached

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Last Updated: 2nd July 2024

Description

GUIDE PRICE: £350,000 - £375,000

FOUR-BED HMO PROPERTY...

This impressive four-bedroom semi-detached HMO property presents an exceptional investment opportunity, boasting tenants in situ and generating an annual gross rental yield of approximately 9.5%. There is also potential to extend the property to a six-bedroom HMO, further enhancing its value. Ideal for both new and experienced investors, the property is strategically located just a stone's throw away from tram stops, various local amenities, universities, and offers easy commuting links via the A52. The ground floor features an entrance hall, a dining room, a kitchen, and a bedroom complete with an en-suite. The first floor comprises three additional bedrooms, two with en-suites, and a further bathroom suite. Outside, there is a private courtyard to the rear, providing a pleasant outdoor space for tenants.

MUST BE VIEWED

Ground Floor -

Entrance Hall - The entrance hall has tiled flooring, a radiator, a picture rail, carpeted stairs, and a single UPVC door providing access into the accommodation.

Kitchen - 3.84m x 2.41m (12'7\" x 7'10\") - The kitchen has a range of fitted gloss base and wall units with worktops, a stainless steel sink and a half with a swan neck mixer tap and drainer, an integrated oven with an electric hob and an extractor fan, space for a fridge freezer, space and plumbing for a washing machine and dishwasher, tiled splashback, a radiator, an in-built under stair cupboard, UPVC double-glazed windows to the side elevation, and a single door providing access to the garden.

Dining Room - 3.74m x 3.66m (12'3\" x 12'0\") - The dining room has a UPVC double-glazed window to the side and rear elevation, tiled flooring, a radiator, an in-built cupboard, a picture rail, and a TV point.

Bedroom Four - 3.47m x 3.68m (11'4\" x 12'0\") - The fourth bedroom has a UPVC double-glazed window to the front elevation, carpeted flooring, a radiator, and access into an en-suite.

En-Suite - This en-suite has a low level flush W/C, a wash basin with fitted storage underneath, a shower enclosure with a bi-folding shower screen, waterproof splashback, a heated towel rail, and an extractor fan.

First Floor -

Landing - 1.68m x 3.69m (5'6\" x 12'1\") - The landing has carpeted flooring, a radiator, a picture rail, an in-built cupboard, access to the loft, and provides access to the first floor accommodation.

Bedroom One - 3.49 x 3.78m (11'5\" x 12'4\") - The first bedroom has two UPVC double-glazed windows to the front elevation, carpeted flooring, a radiator, and access into the en-suite.

En-Suite - 0.82m x 2.30m (2'8\" x 7'6\") - This en-suite has a low level flush W/C, a wash basin with fitted storage underneath, a shower enclosure with a bi-folding shower screen, tiled flooring, waterproof splashback, a heated towel rail, and an extractor fan.

Bedroom Two - 2.86m x 2.85m (9'4\" x 9'4\") - The second bedroom has a UPVC double-glazed window to the side and rear elevation, carpeted flooring, a radiator, and access into the second en-suite.

En-Suite Two - 0.91m x 2.27m (2'11\" x 7'5\") - The second en-suite has a low level flush W/C, a wash basin with fitted storage underneath, a shower enclosure with a bi-folding shower screen, tiled flooring, waterproof splashback, a heated towel rail, and an extractor fan.

Bedroom Three - 3.77m x 2.42m (12'4\" x 7'11\") - The third bedroom has a UPVC double-glazed window to the side elevation, carpeted flooring, and a radiator.

Bathroom - 0.98m x 1.99m (3'2\" x 6'6\") - This bathroom has a low level flush W/C, a wash basin with fitted storage underneath, a shower enclosure with a sliding shower screen, tiled flooring, waterproof splashback, a heated towel rail, and an extractor fan.

Outside - To the front of the property is an enclosed garden with the availability for on-street parking. To the rear of the property is a private enclosed concrete garden with a range of mature plants.

Additional Information - Broadband – Virgin Media, Openreach
Broadband Speed - Ultrafast available - 1000 Mbps (Highest available download speed) 220 Mbps (Highest available upload speed)
Phone Signal – Mostly 3G / 4G / 5G available with good coverage
Electricity – Mains Supply
Water – Mains Supply
Heating – Gas Central Heating – Connected to Mains Supply
Septic Tank – No
Sewage – Mains Supply
Flood Risk – No flooding in the past 5 years+
Area - medium risk of surface water flooding / very low risk of flooding from rivers and the sea
Non-Standard Construction – No
Any Legal Restrictions – No
Other Material Issues – No

Disclaimer - Council Tax Band Rating - Broxtowe Borough Council - Band B
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.

The vendor has advised the following:
Property Tenure is Freehold

Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.

Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.

Third Party Referral Arrangements - HoldenCopley have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.
Agent Details
HoldenCopley
30 Market Place, Long Eaton, Nottingham, NG10 1LT

Investment Analysis

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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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