Derby Road, Lenton, Nottingham, NG7

Nicholas Humphreys are delighted to bring this substantial, 3 storey, 6 double bedroom, 2 bathroom, 1 wc, student investment property to the market for sale. The property is Licensed for 6 occupants, however benefits from an additional room, currently utilised as a study area. There is a kitchen to the ground floor, small kitchenette to the top floor. The property is located on the main Derby Road, just minutes from the University of Nottingham's Jubilee Campus, close to University Park, and with excellent tram and bus links to Nottingham Trent University and the city centre, this is an ideal investment opportunity for anyone looking to enter the student market, alternatively. add to their existing portfolio.

The property is let for both the 24/25 and 25/26 academic year at the following rents;

Rent for the 24/25 academic year??34320.00, utilities capped at ?7800.00, 52 week tenancy.

Rent for the 25/26 academic year ?34320.00, utilities capped at ?6600.00, 44 week tenancy.

The property benefits from the following;

- Fitted kitchen?featuring a range of wall and base storage units, a gas cooker with hob, and a stainless steel sink. Directly off the kitchen is a good sized utility room, housing several appliances, including a fridge, freezer, washing machine, and tumble dryer. Additionally, on the top floor, there is a basic kitchenette equipped with a sink and a couple of storage units.?

- 6 Double Bedrooms, fully furnished and complete with bed, mattress, study desk/chair and wardrobe.

- 2 Shower rooms, located to the first and second floor accommodation, with an additional guest wc to ground floor.

- To the rear of the property, a small, well presented courtyard.

- On street, permit parking (subject to availability).

- Gas central heating

- Double glazing throughout

- EPC Rating C

Additional Information

The vendor has confirmed that supporting documentation is available to verify the property's established C4 usage. This property forms part of a larger portfolio instructed to us for sale by the client. If you are interested in this or other investment opportunities, please contact us to discuss your specific requirements in more detail.

Call Nicholas Humphreys today to view!

REFERRAL ARRANGEMENT NOTE

Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to ?240 including VAT from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of ?250 from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of ?100 from them, for recommending you to them.