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7, 8, 10 Wellington Square, Nottingham, Nottinghamshire, NG7 1NG

Key features

  • Three mid terrace student HMOs with a total of 23 rooms
  • Currently producing circa £44,000p.a. with potential to increase to c. £138,000p.a. once fully let
  • Located half a mile from Nottingham Trent University

Description

ON BEHALF OF THE FIXED CHARGE RECEIVERS- Student investment opportunity for sale

Description
The property provides x3 mid terraced, four storey HMOs with 23 bedrooms in total.

The properties are partially let and provide an excellent opportunity to acquire an investment portfolio.

The properties are available as a portfolio but individual offers would be considered.



Location
Wellington Square is a residential area located around half a mile from Nottingham City Centre. It is a popular student area due to the proximity to the city centre, Nottingham Trent University and the University of Nottingham.

Access to the city centre is easy as it is within walking distance and there are bus routes along the two main roads either side of Wellington Square; Ilkeston Road and Derby Terrace. Nottingham Railway Station is around 1.5 miles away within the city centre.

Nottingham has a range of retailers, bars and nightlife which makes it popular with students and professionals alike.


Accommodation
Number 7- 8 bedroom HMO

Number 8 - 8 bedroom HMO

Number 10- 7 bedroom HMO

The ground floor of number 8 provides a hallway, two double bedrooms and a WC. The lower ground floor provides an open plan kitchen/living room. The first floor provides two bedrooms and two shower rooms, the second floor comprises three double rooms and there is a further double room on the third floor.

We have only internally inspected number 8 but we understand that the internal configuration and sizes are similar across all three properties, although number 10 is slightly smaller having one less bedroom.


Tenure
Freehold

Tenancies
Number 7- Currently vacant was but was previously let for £135 pppw.

Number 8- Vacant

Number 10- £120pppw. We understand this is fully let to students on a 40 week contract.

EPC
D

Brochures

brochure
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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7, 8, 10 Wellington Square, Nottingham, Nottinghamshire, NG7 1NG

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About Landwood Group, Manchester

Lancaster Buildings, 77 Deansgate, Manchester, M3 2BW

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Disclaimer - Property reference 274958. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Landwood Group, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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