Comfort Estates | Hope Drive, Nottingham, NG7
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Hope Drive, Nottingham, NG7

£475,000| 6 bedrooms | 2 bathrooms

Tenure

Freehold

Property type

House

Size

170 m2

Council Tax Band

D

Energy Efficency Rating

D

Key features

  • 6 Bedroom HMO
  • Ideal Investment Opportunity
  • Occupied For 25/26 Academic Year
  • Located In A Sought After Location
  • Strong Track Record Of Rental Income
  • Yield of 9.1%
  • Walking Distance To City Centre & Both Universities

Overview

Fully refurbished six-bedroom Victorian HMO in Nottingham’s prestigious Park Estate, walking distance from the City Centre and Nottingham Trent University. Let for the upcoming academic year, generating £43,335.37 annual income and offering a 9.1% yield - a ready-made investment in a prime location.

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Location

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Overview

A fully refurbished six-bedroom Victorian HMO property located in the highly sought-after Park Estate, just a short walk from Nottingham City Centre and Nottingham Trent University. This spacious, high-quality student home features six large double bedrooms, two modern bathrooms, and a bright open-plan kitchen, dining area, and lounge - perfect for communal living. Currently let for the upcoming academic year, the property generates an annual rental income of £43,335.37, delivering a strong 9.1% yield. An ideal turnkey investment opportunity in one of Nottingham’s most exclusive locations.

Kitchen 8' 9" x 15' 0" (2.67m x 4.57m)

This modern and well-appointed kitchen features sleek white cabinetry, ample worktop space, and under-cabinet lighting for a bright and functional workspace. Equipped with a range cooker with and gas hob, slimline dishwasher, washing machine, tumble dryer, two fridge / freezers, and plenty of storage, it's perfectly suited for shared living. A large window above the sink brings in natural light, enhancing the clean and contemporary finish throughout.

Diner 8' 9" x 9' 1" (2.67m x 2.77m)

This bright and airy dining area is seamlessly open-plan to the kitchen, creating a welcoming communal space ideal for student living. The room is flooded with natural light thanks to the striking glass roof and French doors, which lead out to the rear. With seating for six and a stylish, modern finish, it's perfect for group meals, socialising, or study sessions in a relaxed setting.

Lounge 13' 0" x 13' 4" (3.96m x 4.06m)

This comfortable lounge area completes the open-plan living space, offering a relaxed and social environment ideal for students. The open layout creates a seamless flow between the lounge, dining area, and kitchen, enhancing the sense of space and community.

Bedroom 1 11' 10" x 13' 3" (3.60m x 4.03m)

Spacious ground floor bedroom with bay window creating a bright and airy feel. Includes a wash basin and carpet flooring.

Bedroom 2 8' 9" x 15' 0" (2.67m x 4.57m)

Double bedroom situated on the first floor with window to the rear elevation and Velux window to the side elevation. Includes a wash basin and carpet flooring.

Bedroom 3 11' 10" x 13' 4" (3.60m x 4.06m)

Spacious double bedroom situated on the first floor with window to the rear elevation. Includes a wash basin and carpet flooring.

Bathroom 5' 10" x 9' 1" (1.78m x 2.76m)

Three piece bathroom suite with electric shower over the bath, wash hand basin and WC. Window to the front elevation with built in blind and tiled flooring.

Bedroom 4 13' 3" x 11' 10" (4.03m x 3.60m)

Spacious double bedroom situated on the first floor with window to the front elevation. Includes a wash basin and carpet flooring.

Shower Room 9' 9" x 5' 7" (2.97m x 1.70m)

Three piece bathroom suite with shower cubical, wash hand basin and WC. Tiled flooring and Velux window to the front elevation.

Bedroom 5 13' 9" x 12' 7" (4.19m x 3.83m)

Double bedroom situated on the second floor with window to the rear elevation. With carpet flooring and wash hand basin.

Bedroom 6 13' 3" x 12' 7" (4.03m x 3.83m)

Double bedroom situated on the second floor with window to the front elevation. With carpeted flooring and wash hand basin.

Outside Spaces

Garden

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: Yes

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.