Auction Date Commencing on Monday 7th September 2026 at 1pm and ending 24 hours later on Tuesday 8th September 2026 at 1pm with Auction House Notts and Derby
Please register to bid via our website - auctionhouse.co.uk/nottsandderby
Description
We have a fantastic investment opportunity for the right investor in Nottingham city centre. It is currently operated as a fully licenced HMO with six bedrooms, all of which have an en-suite bathroom. It also boasts a communal area and fitted kitchen.
The property is conveniently positioned in Nottingham city centre, making it very popular with students from both Uni of Nottingham and Trent!
The property was Tenanted during the past year at £145.00 per room, per week. With all six rooms full for fifty weeks of the year, this yielded a return of over £43,000! The letting is managed by an agent who are in the process of filling the rooms ahead of the next student year to ensure that the rent potential is realised. There are currently two rooms with agreed lets, with further viewings ongoing to fill the other four.
It is a freehold property that sits above a business unit, which is also part of the freehold. This unit is leased by a third party and under the terms of the lease you would be entitled to recover a proportion of the building insurance and maintenance costs.
Viewing will be available after 19th August
The photos listed were taken before the most recent tenancy
EPC Rating: D
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
Administration Charge is a non-refundable £3,600 inc VAT payable upon exchange of contracts.
Loading the bidding panel...
- 6 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0115 777 8888 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.