10 bed detached house for sale

Elm Bank Drive, Mapperley Park NG3

Substantial 10-Bed Licensed HMO – 8 Let to ntu Students Until 2026 | £68,640 p.a. Income | Conversion Potential

Langham House presents a substantial and well-established 10-bedroom licensed HMO, currently configured as 8 student lettings and fully let to Nottingham Trent University students until June 2026, generating £68,640 per annum (£165pppw).

The property extends to approximately 4,000 sq ft across four floors and provides 10 double bedrooms, 4 bathrooms, a large communal kitchen, utility, and spacious lounge. Professionally managed and consistently well maintained, Langham House has a long-standing record of strong occupancy and reliable rental performance, typically achieving around £81,000 per annum when fully occupied.

The property also benefits from existing planning consent to convert the building into two houses, subject to confirmation that the consent remains live. This presents an excellent value-add or redevelopment opportunity alongside the stable income stream.

Located within easy reach of Nottingham city centre and both universities, the property sits in a proven student catchment with enduring demand and strong rental resilience.

Key Features

Licensed 10-bed HMO, currently operated as 8 lettings

Fully let to Nottingham Trent University students until June 2026

£68,640 p.a. Rental income (£165pppw × 8)

Historically achieved £81,000 p.a. When fully occupied

Approx. 4,000 sq ft of accommodation over four floors

4 bathrooms, no en-suites

Existing planning permission for conversion into two houses (to be confirmed)

Professionally managed, compliant, and consistently let

Excellent location near both universities and city centre

Ideal income-producing and future development investment

Contact FHP Living for more information.

These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have not been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.

Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. Passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.