Property photos
House share
Freehold
Offers in region of
£600,000
7 bed property for sale
Teversal Avenue, Nottingham NG77 beds
2 baths
EPC rating: E
Key Information
Local area information
Property location
Nearby amenities
- Edna G. Olds Academy 0.3 miles
- Radford Primary School Academy 0.4 miles
- Nottingham 1.2 miles
- Beeston 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Nottingham to find out more about the local area.
Features and description
- Freehold
- 7 Bedroom Student HMO
- £135 pp pw exc bills
- £49140 pa
- HMO Licensed and let for 24/25
- New Shower Rooms and new Kitchen
- Lenton Golden Triangle
- 8.2% yield exc bill
- £85k per bedroom
- EPC Rating - E
- Prime Location for UofN students
Student HMO Investment Opportunity
Rented for 24/25 Academic year for £49,140 exc bills
New Kitchen and Shower Rooms
8.2% yield exc bills
£85k per bedroom
Introduction fhp Student Living are delighted to offer a 7 bedroom Student HMO Investment Opportunity in the prime location of Lenton, a short walk from the main University Park Campus of the University of Nottingham.
This turnkey investment is a great opportunity to add a secure and long letting HMO to a new or existing portfolio.
Location Teversal Avenue is part of the fabled 'Golden Triangle' of Lenton, a well established prime location for students at the University of Nottingham.
The road is accessed from Derby Road or Ashburnham Avenue. Derby Road leads directly to the main University Park campus as well as the City Centre. Local amenities include a Sainsburys Local, the main high street of Lenton Boulevard and Lenton Recreational Ground. Within a short drive, you have both Castle Marina Retail park & Castle Retail Park.
The house The property consists of 7 spacious double bedrooms, 2 shower rooms, an open plan kitchen living and dining room and a basement.
The ground floor welcomes you with a traditional hallway, with 1st double bedroom at the front of the house and benefitting from the bay fronted window. The 2nd room is located in the middle of the house with views to the rear of the property. The original kitchen has been significantly extended and renovated creating a sizeable open plan kitchen, living and dining room.
The first floor consists of 3 double bedrooms and a shower room, with the final 2 double bedrooms and shower room on the top floor.
The property is in a good state of decor having recently had both its showers rooms renovated, as well as the kitchen.
Investment and rental summary The property is currently HMO licensed until ... And is let for the current & upcoming academic year. The 24/25 income is £49,140 (£135 pp pw exc bills on a 52 week basis)
This equates to a yield of 8.2% and £85,000 per bedroom for a property in one of Lentons prime locations, offering a secure long term investment.
Rented for 24/25 Academic year for £49,140 exc bills
New Kitchen and Shower Rooms
8.2% yield exc bills
£85k per bedroom
Introduction fhp Student Living are delighted to offer a 7 bedroom Student HMO Investment Opportunity in the prime location of Lenton, a short walk from the main University Park Campus of the University of Nottingham.
This turnkey investment is a great opportunity to add a secure and long letting HMO to a new or existing portfolio.
Location Teversal Avenue is part of the fabled 'Golden Triangle' of Lenton, a well established prime location for students at the University of Nottingham.
The road is accessed from Derby Road or Ashburnham Avenue. Derby Road leads directly to the main University Park campus as well as the City Centre. Local amenities include a Sainsburys Local, the main high street of Lenton Boulevard and Lenton Recreational Ground. Within a short drive, you have both Castle Marina Retail park & Castle Retail Park.
The house The property consists of 7 spacious double bedrooms, 2 shower rooms, an open plan kitchen living and dining room and a basement.
The ground floor welcomes you with a traditional hallway, with 1st double bedroom at the front of the house and benefitting from the bay fronted window. The 2nd room is located in the middle of the house with views to the rear of the property. The original kitchen has been significantly extended and renovated creating a sizeable open plan kitchen, living and dining room.
The first floor consists of 3 double bedrooms and a shower room, with the final 2 double bedrooms and shower room on the top floor.
The property is in a good state of decor having recently had both its showers rooms renovated, as well as the kitchen.
Investment and rental summary The property is currently HMO licensed until ... And is let for the current & upcoming academic year. The 24/25 income is £49,140 (£135 pp pw exc bills on a 52 week basis)
This equates to a yield of 8.2% and £85,000 per bedroom for a property in one of Lentons prime locations, offering a secure long term investment.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Listed by
FHP Living
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Property descriptions and related information displayed on this page are marketing materials provided by - FHP Living. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact FHP Living for full details and further information.