6 bed semi-detached house for sale

Kimbolton Avenue, Nottingham NG7

Exceptionally Spacious 6 Double Bedroom 2 Bathroom Prestigious High Yielding HMO Property In The Heart Of Lenton In Highly Sought After Location & Let For Academic Year 26/27 At A Projected £46,176 pa

PDM Estates are delighted to present this substantial six double bedroom, two bathroom HMO property located on the ever-popular Kimbolton Avenue in Lenton, Nottingham. Situated within close proximity to the University of Nottingham and Queens Medical Centre, the property benefits from a consistently strong student and professional lettings market, making it an ideal investment opportunity.

Offered to the market at £450,000, the property is in good condition throughout and has been well maintained by its current owners. All six bedrooms are generously sized doubles and are offered fully furnished with beds, desks, chairs and wardrobes as standard. The property also benefits from a spacious communal living area and a well-equipped kitchen including essential white goods such as fridge freezers, washing machine, oven and hob.

The two bathrooms are practical and modern, featuring tiled splashbacks, vinyl flooring and extractor fans. Externally, the property benefits from low-maintenance front and rear gardens.

For investors seeking a ready-made HMO investment in one of Nottingham’s most sought-after student locations, this property represents an excellent opportunity. Early viewing is highly recommended.

Price Guidance

The property is available to purchase at a guide price of £450,000.

The property is currently let for a rental income of £45,240 per annum.

The property has also been let for the next academic year 26/27 for an agreed rental income of £888.00 per week. (£46,176 per annum projection based on 52 weeks)

These figures represent a high yield projection of 10.26% for the year 26/27, based on the gross rents receivable.
EPC


EPC Rating D (Please find attached)

Location

Lenton and surrounding areas over the past decade has seen a substantial rise in affluence and investment, becoming a hub of prosperity and prestige. With it being home to two major universities, University of Nottingham and Trent University, one of the largest hospitals in the UK, qmc, and hub for major companies looking for a more centralised position as a whole in the UK, it is little wonder why we seeing significant change for the better in this area.

The property itself is sat on the doorstep of Nottingham city centre and the University of Nottingham, positioned extremely close to one of the main thoroughfares to and from them both, Derby Rd. Just 0.7 miles from one of the UK's largest hospitals qmc, a very short walking distance of under 1.3 miles from Nottingham Trent University and just 0.9 miles from the University of Nottingham. Nottingham city railway station a mere 1.4 miles away. An array of excellent local amenities for all ages can be found nearby including a bus stop directly outside the building, with access to the M1, and other major travelling routes as little as a few miles away.

Services

Mains electricity, drainage and water are understood to be connected. The property benefits from gas central heating.

Local Authority

Nottingham City Council

Important Information

Making An Offer: As part of our service to our vendors we ensure that all potential buyers are in a position to proceed with any offer they make and would therefore ask any potential purchaser to speak with our Mortgage Advisor to discuss and establish how they intend to fund their purchase. Additionally we can offer Independent Financial Advice and are able to source mortgages from the whole of the market helping you secure the best possible deal and potentially saving you money. If you are making a cash offer we will ask you to confirm the source and availability of your funds in order for us to present your offer in the best possible light to our Vendor.

Property Particulars: Although we endeavour to ensure the accuracy of property details we have not tested any services heating plumbing equipment or apparatus fixtures or fittings and no guarantee can be given or implied that they are connected in working order or fit for purpose. We may not have had sight of legal documentation confirming tenure or other details and any references made are based upon information supplied in good faith by the Vendor. Any proposed rental figures are speculative based on comparable market data and knowledge of the local rental market. These values should not be relied upon.

Floor Plans: Purchasers should note that if a floor plan is included within property particulars it is intended to show the relationship between rooms and does not reflect exact dimensions or indeed seek to exactly replicate the layout of the property. Floor plans are produced for guidance only and are not to scale.