15 bed detached house for sale

Mansfield Road, Nottingham, Nottinghamshire. NG5

15-bed HMO in prime location...

This detached Grade II listed building offers a rare opportunity to acquire a substantial investment in a prime position opposite the Forest Recreation Ground. With excellent transport connections and Nottingham City Centre within easy walking distance, the location continues to attract consistently strong tenant demand and underpins excellent long term rental prospects. The property is currently achieving an approximate 12.17 percent gross annual rental yield, making it a proven income producing asset within one of Nottingham’s most established and sought after student areas. Arranged across three floors, the accommodation is well configured for student use. The ground floor comprises a one bedroom flat, four self-contained studio apartments each with their own kitchen and bathroom, along with a communal laundry room and additional storage. The first floor offers five letting rooms with kitchens and WC, communal bathroom, communal shower room and a further laundry area. The second floor mirrors this layout with five additional rooms, communal bathroom and communal shower room and two Large Basements with Possible Potential for Development, subject to obtaining all necessary consents.

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