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5 bedroom semi-detached houseBentinck Road, Nottingham, NG7 4AD

£400,000


Guide Price £400,000 - £425,000 Development Opportunity – Three-Bedroom Semi-Detached House with HMO Licence and Additional Accommodation A rare opportunity to acquire a versatile investment property offering multiple income streams and significant development potential. The main property is a well-proportioned three-bedroom semi-detached house that benefits from an existing HMO licence, providing an attractive investment with established rental demand. To the rear of the property is a self-contained one-bedroom ground floor flat, offering additional independent accommodation. At the rear of the plot is a separate detached building that has been partially converted. The first floor has been converted into a one-bedroom flat, while the other side of the building offers excellent potential for the creation of a further self-contained one-bedroom flat, subject to the necessary works and any required consents. The detached building also benefits from a garage on either side, providing useful storage, parking or additional potential, subject to the relevant permissions. The property currently generates an annual rental income of £34,680, with scope to further increase the income by completing the additional one-bedroom flat and making improvements to the main house. This is an excellent opportunity for investors and developers seeking an income-producing asset with further value-add and development potential.


Address
Bentinck Road, Nottingham, NG7 4AD
Price
£400,000 - Guide Price
Property Type
House
Bedrooms
5
Bathrooms
3
Tenure
Freehold
  • 5 Bedrooms
  • House
  • No Upward Chain
  • Five Rooms Currently Tenanted
  • Excellent Investment Opportunity
  • Gated Driveway Providing Off St Parking
  • Easy Access To City Centre
  • Current Yield 8.7%
  • Potential For Further Development
  • HMO Licensed Property
  • International Cuisine On The Doorstep
  • Plenty Of Local Amenities Nearby

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Your property price

£300,000

High street agent (1.3%)
£4,680
Purplebricks fixed fee (0.53%)
£1,599
You could save
£3,081

Equivalent to an average of 1.3% plus VAT charged by high street agents. Purplebricks service is a fixed fee including VAT.

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