Guide price
£280,000
5 bed property for saleDorket Drive, Nottingham, Nottinghamshire NG8
5 beds
2 baths
1 reception
EPC Rating: E
- Auction
- Freehold
HMO X Ltd
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About this property
• Freehold semi detached bungalow
• 5 bedroom, 2 bathroom fully tenanted HMO
• Benefits from a driveway and large rear garden
• Strong rental demand in an area popular with students
• Close to the Nottingham universities, qmc Hospital, retail and city amenities
• Tenants cover all bills
• Representing a 11.6% net yield on guide price
Situated on the well-connected Dorket Drive in Nottingham, the property benefits from convenient access via the A610 and A6514. Providing direct routes to Nottingham city centre, Queen’s Medical Centre, and the University of Nottingham. Set within a residential area popular with students, it is close to a variety of local amenities including shops, schools, and parks.
Transport links are provided by both Nottingham Rail Station.
Planning
Planning granted through Nottingham City Council, Ref: 18/02655/pcle | (22-12-2018)
Planning granted for Certificate of Lawfulness (existing) for use as HMO
HMO Compliance
- HMO License
- eicr
- Gas Safety Certificate
- Certificate of Lawfulness
Please see legal pack for copies of these documents
Tenancy Details
Fully let to student tenants under a single AST starting from 1st August 2025 for 12 months
Income Breakdown (Monthly):
Room 1: £541.67
Room 2: £541.67
Room 3: £541.67
Room 4: £541.67
Room 5: £541.67
Total Monthly Income: £2,708.35
Expenditure Breakdown (Monthly):
Tenants cover all bills (e.g., gas, electricity, water, council tax, broadband, TV license)
Self-managed property (no management fees)
Total Monthly Expenditure: £0.00
Annual Expenditure: £0.00
Investment Performance:
Net Annual Income: £32,500.20
Gross/Net Yield: 9.29%
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