6 bed town house for sale

Mansfield Road, Nottingham NG1

**Guide Price £325,000 to £350,000** A substantial licensed six-bedroom HMO, offering approximately 125.2 sq. Metres (1,347 sq. Feet) of accommodation arranged over multiple floors and configured specifically with shared investment use in mind. Historically let to students, the property provides a strong established HMO layout with six double bedrooms, each benefiting from its own private en-suite shower room, together with a dedicated communal kitchen and additional loft space.

Property summary **Guide Price £325,000 to £350,000** A substantial licensed six-bedroom HMO, offering approximately 125.2 sq. Metres (1,347 sq. Feet) of accommodation arranged over multiple floors and configured specifically with shared investment use in mind. Historically let to students, the property provides a strong established HMO layout with six double bedrooms, each benefiting from its own private en-suite shower room, together with a dedicated communal kitchen and additional loft space.

The ground floor is arranged around a spacious double bedroom with its own en-suite facilities, creating a practical separation between sleeping accommodation and the upper floors. The first floor provides two further generously sized bedrooms, again both with private en-suites, alongside the main communal kitchen. The kitchen is fitted with a range of modern wall and base units, contrasting work surfaces, tiled splashbacks and a range of integrated and freestanding appliances. There is also useful breakfast-bar style seating, helping to create a practical communal area for occupants without compromising the individual bedroom space. The second floor provides a further three bedrooms, all offering good proportions and private en-suite shower facilities. The bedrooms are set up in a style well suited to student or professional occupation, with double beds, storage furniture, desks or dressing areas and wall-mounted televisions visible within several rooms. This gives each occupier a more self-contained feel while still retaining the benefits of shared accommodation.

The en-suite facilities are finished in a straightforward contemporary style, generally incorporating enclosed shower cubicles, wash hand basins and WCs, with tiled shower surrounds and easy-maintenance flooring. From an investment perspective, having private facilities attached to each bedroom is a particularly strong feature, helping to differentiate the accommodation from more basic shared HMO stock. A further loft area provides additional ancillary accommodation or storage space, subject to its permitted and compliant use. Combined with the overall floor area and the distribution of the bedrooms across several levels, the property offers a relatively spacious layout for a six-bedroom HMO.

Historically, the property has been let to students at around £145 per room per week. Based on six rooms let over a typical 50-week academic tenancy, this would equate to gross rental income in the region of approximately £43,500 per annum, with potential to approach £45,000 per annum depending on the final room rates and tenancy terms achieved. Based on the potential annual rental income, the property offers scope to generate a gross yield of approximately 13.85%, subject to the final purchase figure, rents achieved, occupancy and operating costs. This provides a strong headline return for investors looking for an established HMO format with the potential to re-establish its previous rental performance.

The property is currently vacant, giving an incoming purchaser flexibility over how and when the accommodation is re-let. It also provides an opportunity to review the furnishing package, room presentation and future tenancy structure ahead of the next suitable letting cycle, rather than inheriting an existing set of occupiers.

Overall, the combination of six en-suite bedrooms, established licensed HMO use, a dedicated communal kitchen, furnished accommodation and historic gross income of approximately £43,500–£45,000 per annum creates a particularly investor-focused proposition. With the potential for a gross yield of circa 13.85%, the property offers an established platform from which an investor can rebuild occupancy and maximise future rental performance.

Location summary Positioned on Mansfield Road in Nottingham city centre, NG1, the property occupies a location particularly well suited to the student and HMO investment market. The area sits within easy reach of Nottingham Trent University's City Campus, which has its own dedicated tram stop and forms one of the key drivers of student accommodation demand within the city.

Mansfield Road is already an established student accommodation corridor, with existing HMO and student properties operating along the road and nearby. Unipol listings for Mansfield Road specifically market accommodation toward Nottingham students, reflecting the road's established role within the city's private student rental market.

For tenants, the appeal is centred around convenience. Nottingham city centre, shops, supermarkets, leisure facilities, bars, restaurants and everyday amenities are all readily accessible, while public transport links provide straightforward travel across Nottingham. Nottingham Trent University confirms that its City Campus is served by frequent bus services and the net tram network, with direct connections around the city and toward Nottingham railway station.

From an investor perspective, NG1 benefits from Nottingham's substantial higher-education market. Nottingham City Council identifies the city as home to both Nottingham Trent University and the University of Nottingham and notes the significant influence the universities have on local housing requirements and student accommodation demand.

The location therefore complements a six-bedroom HMO particularly well, offering access to a large student population alongside the convenience of central Nottingham. Its position gives an investor the ability to target both student and professional sharers, subject to the relevant licence, planning position and tenancy strategy, rather than relying on a single tenant demographic.

Overall, Mansfield Road, NG1 offers the combination investors generally look for in a city-centre HMO location: Proximity to Nottingham Trent University, established student accommodation nearby, strong public transport connections and immediate access to Nottingham city-centre amenities, supporting the property's longer-term rental proposition.

Entrance hall Providing access into the property with stairs rising to the upper floors and access to the ground-floor accommodation.

Bedroom one A spacious double bedroom positioned on the ground floor, arranged with space for a double bed, storage furniture and study or dressing furniture.

En-suite one Private shower room serving Bedroom One, fitted with an enclosed shower, wash hand basin and WC.

First-floor landing Central landing providing access to two further bedrooms, the communal kitchen and stairs continuing to the upper floor.

Bedroom two A well-proportioned double bedroom with space for a full range of bedroom furniture, including storage and a desk or dressing area.

En-suite two Private en-suite shower room fitted with a shower enclosure, wash hand basin and WC.

Bedroom three Another generous double bedroom, offering space for bedroom furniture, storage and a dedicated study area.

Communal kitchen A modern fitted kitchen with wall and base units, work surfaces, tiled splashbacks, appliances and useful breakfast-bar style seating.

Second-floor landing Providing access to the remaining three bedrooms and their respective en-suite shower rooms.

Bedroom four A good-sized double bedroom with space for a double bed, storage furniture and additional study or dressing furniture.

En-suite four Private shower room fitted with an enclosed shower, wash hand basin and WC.

En-suite five Private en-suite shower room fitted with a shower enclosure, wash hand basin and WC.

Bedroom six A further double bedroom providing a practical layout for student or professional occupation.

En-suite six Private shower room serving Bedroom Six, fitted with an enclosed shower, wash hand basin and WC.

Loft area Additional loft space providing useful ancillary or storage accommodation, subject to its permitted and compliant use.

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Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

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