6 Bed Licensed HMO in Nottingham

Location: Nottingham BMV Property

13% Yield HMO

Current Value: £260,000

Available To You For: £230,000

BMV Investment Details

Type Beds Value Purchase Price Instant Equity Mortgage (month) Rental (month)
HMO 6 £260,000 £230,000 £ 30,000 £518 £2500

About this BMV property

This property sits directly on the tramline to the city centre. It has operated as an HMO since 2011 and has been constantly updated throughout this period. Importantly this is a Nottingham city centre with a license which now carries a premium. The whole of Nottingham is now covered by Article 4 and no more HMO licenses are being issued. The license is transferable and will come over into the name of the new owner

It has a complete and certified fire and emergency lighting system and complies with all the regulatory requirements. Whilst it is not completely en-suite, there are two full bathrooms with baths and showers between 6 rooms. There is a large modern and fully fitted kitchen together with a large communal living room area.

Fully managed and fully occupied this is an HMO in a prime location.

Floor Plan

This property is located in Nottingham.

BMV Tags