Colville Street, Nottingham, NG1
Colville Street, Nottingham, NG1
£525,000| 7 bedrooms | 2 bathrooms
Tenure
Freehold
Property type
House
Size
224 m2
Council Tax Band
C
Energy Efficency Rating
D
Key features
- 7 Bed HMO
- Popular Location
- Fully Occupied for The 25/26 Academic Year
- Strong Track Record Of Rental Income
- Huge Bedrooms Double Bedrooms With Tall Ceilings
- Well Maintained Investment Opportunity
- Close To Nottingham City Centre
- Close To Nottingham Trent Uni
- 9.8% Net Yield
Overview
Excellent Investment Opportunity – 7-Bedroom Student HMO in Prime Location
Situated in the sought-after Arboretum area, a leafy conservation zone just a short walk from Nottingham City Centre and Nottingham Trent University, this fully licensed 7-bedroom HMO offers a prime opportunity for investors seeking strong and consistent rental returns.
This spacious property is ideally located for student tenants, with a range of local amenities close by, as well as excellent transport links including bus routes and the Nottingham tram service, providing easy access across the city.
The accommodation is well-presented throughout and configured to maximise rental potential, with generously sized bedrooms, communal living space, kitchen facilities, and 2 bathrooms plus another W.C
Currently let to students, the property generates an annual rental income of circa £51,828 excluding bills, representing a net rental yield of 9.8%.
With continued demand for student housing in this thriving university city, this property represents a secure and attractive investment in a highly desirable location.
Virtual tour
Location
Overview
Excellent Investment Opportunity – 7-Bedroom Student HMO
Located in the sought-after Arboretum area, a leafy conservation zone within walking distance of Nottingham Trent University and the city centre, this fully licensed 7-bedroom HMO offers a strong investment opportunity.
Ideally positioned for students, the property benefits from nearby amenities and excellent transport links, including bus routes and the tram network.
Well-presented throughout, the accommodation includes spacious bedrooms, a communal living area, kitchen facilities, two bathrooms, and an additional W.C.
Currently let to students, the property generates approx. £51,828 per year (excluding bills), offering a net rental yield of 9.8%.
With continued demand for student housing in Nottingham, this is a secure, high-yielding asset in a prime location.
Kitchen 6' 2" x 14' 8" (1.87m x 4.47m)
Good-sized kitchen diner with tiled flooring. Lined with a range of wall and base units with work tops over and an inset sink and drainer. Window to the rear aspect.
Communal Space 14' 0" x 9' 9" (4.27m x 2.96m)
Bright and spacious communal space with tiled flooring and a window to the rear aspect.
Bedroom 1
Double bedroom with carpeted flooring, double glazed window allowing plenty of natural light, and a wash hand basin.
Bedroom 2 13' 7" x 14' 1" (4.14m x 4.28m)
Spacious double bedroom featuring carpeted flooring, a double-glazed window that fills the room with natural light, and a convenient wash hand basin.
Bedroom 3 14' 0" x 14' 11" (4.26m x 4.55m)
Well-proportioned double bedroom with carpeted flooring, a double-glazed window providing ample natural light, and a practical wash hand basin.
Shower Room
Walk-in shower cubicle with tiled walls and a wash hand basin.
Bedroom 4 14' 1" x 13' 1" (4.28m x 4.00m)
Double bedroom with carpeted flooring, double glazed window allowing plenty of natural light, and a wash hand basin.
Bedroom 5 13' 11" x 14' 1" (4.23m x 4.30m)
Spacious double bedroom featuring carpeted flooring, a double-glazed window that fills the room with natural light, and a convenient wash hand basin.
Bedroom 6 15' 0" x 17' 6" (4.58m x 5.33m)
Double bedroom with carpeted flooring, double glazed window allowing plenty of natural light, and a wash hand basin.
Bedroom 7 8' 10" x 9' 5" (2.70m x 2.87m)
Bright and comfortable double bedroom, complete with cosy carpeted flooring, a large double-glazed window for excellent natural light, and a fitted wash hand basin for added convenience.
Bathroom
Bathroom with tiled flooring and heated towel rail. Three piece suite comprising panel bath with shower over, wash hand basin, and low-level W.C
Outside Spaces
Garden
Low-maintenance paved garden, enclosed by timber fencing.
Property Tenure
Property Tenure: Freehold
Construction
Construction material: Brick and Block
Roof material: Ask agent
Roof renovated: No
Is loft boarded: Ask agent
Building Safety
Has restrictions: No
Has required access: No
Public right of way: No
Flood risk: No
Has planning permissions: No
Minning area: No
Listed building: No
Conservation area: No
Utilities
Water supply: Direct mains water
Sewerage: Standard UK domestic
Electricity supply: National Grid
Heating supply: Central heating (gas)
Broadband: Ask agent
Mobile coverage: Ask agent
You can use the government stamp duty land tax calculator here.
Disclaimer
These sales particulars have been prepared by Comfort Estates on behalf of the vendor. Fixtures and fittings other than those mentioned are to be agreed with the Seller. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. Statements contained within this advert are provided in good faith and are understood to be accurate, although cannot be guaranteed since we rely on information provided by other parties. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. If you require further information on any points, please contact us.
Money Laundering
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017) came into force on 26 June 2017. Comfort Estates require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to Comfort Estates & Tattershalls removing a property from the market and instructing solicitors for your purchase.
