Bedroom 1 3.09m x 3.10m

Property Reference: S5881Listing StatusFor SaleBedrooms6bathrooms3Property typeFlat/ApartmentEPC Rating Download EPC Floor PlanDownload FPVirtual TourAsk a questionKey FeaturesFull DescriptionExceptional 6-Bed Licensed HMO Apartment – High-Yield Investment Opportunity in West Bridgford Presenting a rare opportunity to acquire a high-performing six double-bedroom HMO apartment located on Loughborough Road, West Bridgford — one of Nottingham’s most desirable and well-connected areas. There is the option to purchase this property fully-furnished. The property is leasehold with 106 years remaining. A 25% share of the freehold is available for £10,000, giving the purchaser a stake in the freehold and the ability to extend the lease to 999 years for solicitor costs only — no lease extension premium payable. This removes the typical cost and uncertainty associated with short leasehold tenure, making it a straightforward long-term hold. The building itself was converted into HMOs and apartments in around 2007, and this particular apartment was refurbished just two years ago. It features modern SPC flooring throughout and a newly fitted kitchen installed in December 2022, providing a smart and durable finish ideal for long-term rental use. The apartment is currently licensed and operating as a HMO, offering six generously sized double bedrooms, three bathrooms, and a contemporary open-plan kitchen-living space complete with breakfast bar and wall-mounted 55” TV. This property has been thoughtfully set up as a turnkey investment with strong and proven rental demand. As a HMO, the rooms achieve between £475 and £525 per month per room (excluding bills), giving a gross annual income of approximately £36,000. At an asking price of offers over £300,000, this equates to an attractive gross yield of around 12%. For investors seeking even higher returns, the apartment has also been successfully operated as serviced accommodation, generating an average income of £3,500–£4,000 per month. This reflects an impressive 14%–16% gross yield based on the same asking price — providing flexibility to suit different investment strategies. The property benefits from excellent local amenities, strong tenant demand, and great transport links into Nottingham city centre. It also offers access to a rear yard with bike storage and shared parking, further enhancing rental appeal. With modern finishes, an established income profile, and multiple revenue models available, this property represents a compelling ready-made investment opportunity in a consistently strong rental market. Bedroom 1 3.09m x 3.10m Bedroom one contains a double bed with mattress, two wall-mounted bedside tables, a pair of wall-mounted bedside lights, an open wardrobe, a single chair, curtains and a rug. Bedroom 2 4.10m x 3.61m Bedroom two contains a double bed with mattress, two wall-mounted bedside tables, a pair of wall-mounted bedside lights, a custom-made headboard fitted to the wall, an open wardrobe, a two seater sofa, curtains and a rug. Bedroom 3 3.62m x 2.44m Bedroom three contains a double bed with mattress, two wall-mounted bedside tables, a pair of wall-mounted bedside lights, an open wardrobe, a single chair, curtains and a rug. Bedroom 4 3.82m x 2.87m Bedroom four contains a double bed with mattress, two wall-mounted bedside tables, a pair of wall-mounted bedside lights, an open wardrobe, a single chair, curtains and a rug. Bedroom 5 4.30m x 2.56m Bedroom five contains a double bed with mattress, a bedside table, an open wardrobe, a chest of drawers, a single chair, curtains and a rug. Bedroom 6 4.30m x 2.29m Bedroom six contains a double bed with mattress, a bedside table, an open wardrobe, a chest of drawers, a single chair, curtains and a rug. Lounge / Kitchen 5.84m x 4.10m The open-plan kitchen with breakfast bar is fully equipment to include gas hob, electric oven, dishwasher, freestanding 50/50 fridge freezer and microwave oven. The lounge includes a 55 inch wall-mounted flat screen TV, 2 seater sofa, 3 seater sofa, coffee table and rug. WC The WC has a toilet and a sink. Bathroom 1 1.91m x 1.60m Bathroom one has a single shower, toilet, sink and heated towel rail. Bathroom 2 1.85m x 1.49m Bathroom two has a single shower and sink. Parking Communal ParkingOutside Space Communal GardenHeating Gas Double Glazing Gas Central HeatingleaseholdGround Rent£0Annual Service Charge£900Years Remaining106Loughborough Road, Nottingham, NG2£300,000offers-overHow much can I borrow?Find out moreSelect Time Arrange a viewing Ask the owner a questionMake an offer