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£695,000

Gedling Grove, Nottingham, NG7

  • 9 beds
Town House

£695,000

  • 9 beds
Town House
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Estimate monthly mortgage payment:

£3,173 per month

Minimum deposit amount:

£34,750
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SUMMARY This well-established and fully compliant nine-bedroom HMO presents an excellent opportunity for investors seeking a high-yielding asset with a strong rental history and long-term tenant demand. Designed for shared accommodation, the property is arranged over multiple floors, providing spacious and well-proportioned rooms that cater to student and professional tenants alike. The layout has been carefully considered to offer both privacy and communal living, ensuring a comfortable and functional environment for occupants.

The ground floor features a generous open-plan kitchen and dining space, fully equipped to meet the needs of multiple tenants, offering ample storage, modern appliances, and designated cooking and dining areas. A well-sized bathroom is also conveniently located on this level. The living room provides a welcoming communal area, fostering a sociable atmosphere for tenants. One of the nine bedrooms is situated on the ground floor, offering easy accessibility.

The first floor consists of four spacious bedrooms, each designed with a practical layout to accommodate tenants comfortably. A separate WC and a shower room are positioned on this level, ensuring convenience and reducing waiting times for facilities. The second floor houses the remaining four bedrooms, all of which are well-proportioned and benefit from natural light. A second shower room is also located on this level, further enhancing the practicality of the property.

In addition to the main living areas, the basement provides valuable storage space and includes a garage, offering flexibility for various uses, whether for tenant storage, maintenance access, or additional secure space.

With a proven track record of strong rental income, this property is projected to generate £68,391 for the 2025/2026 academic year, increasing to £71,145 for the 2026/2027 term. Utility costs are capped at £4,850 per annum, covering gas, electricity, and water, ensuring controlled overheads for both tenants and the landlord.

The property has been meticulously maintained and meets all required HMO regulations, providing peace of mind for investors looking for a secure and well-managed income-generating asset. Its strategic layout and modern features make it an attractive choice for tenants, resulting in high occupancy rates and consistent rental returns.

This is a rare opportunity to acquire a fully operational, high-yielding investment property in a sought-after rental market. Viewings are available by appointment, allowing investors to appreciate the space, layout, and income potential of this exceptional HMO. 

LOCATION SUMMARY Gedling Grove is a well-positioned and highly desirable location for HMO investment in Nottingham, offering a strong rental market and consistent demand from both students and professionals. Situated just 0.5 miles from Nottingham Trent University, the property provides easy access for students looking for high-quality shared accommodation within walking distance of the campus. The area is also well-connected by public transport, with High School Tram Stop only 367 feet away, allowing for quick and convenient travel across the city, including to the University of Nottingham, Queen's Medical Centre, and other key destinations.

The local area is well-served by amenities, including supermarkets, independent shops, cafes, and restaurants, catering to the daily needs of tenants. Nottingham city centre is also within easy reach, offering a vibrant mix of shopping, dining, and entertainment options, making this a prime location for young professionals and students alike. The nearby Arboretum Park provides a green space for relaxation, while key employment hubs, including Nottingham's hospitals and business districts, are easily accessible, broadening the appeal to a diverse tenant base.

With its strong rental demand, consistent occupancy rates, and excellent connectivity, Gedling Grove presents an outstanding investment opportunity in Nottingham's thriving HMO market. Its proximity to the university, transport links, and essential amenities makes it an attractive and reliable option for both tenants and landlords seeking high rental yields. 

BASEMENT The basement provides valuable storage space, offering additional flexibility for tenants who may need extra room for belongings. It also includes a garage, which can be used for secure storage, maintenance access, or alternative purposes depending on tenant needs. This additional space enhances the functionality of the property, adding to its long-term investment appeal. 

GROUND FLOOR The ground floor features a spacious open-plan kitchen and dining area, designed to accommodate multiple tenants comfortably. Modern appliances, ample worktop space, and generous storage make this a practical and functional space for shared living. The well-thought-out layout allows for designated cooking and dining areas, ensuring a seamless experience for tenants. The living room serves as a welcoming communal space where tenants can relax and socialise. Its well-proportioned size provides ample room for shared seating arrangements, making it an essential part of the property's appeal. A strong communal atmosphere is crucial in an HMO, and this living area supports a sociable and comfortable shared living experience. One of the nine bedrooms is also situated on the ground floor, offering easy accessibility. This room is well-sized and benefits from proximity to the shared spaces, making it ideal for tenants who prefer ground-level accommodation. A well-sized bathroom is also located on this floor, ensuring convenience for tenants and reducing pressure on the upper-level facilities. The strategic placement of the bathroom supports the smooth functioning of the household by offering additional access to essential amenities. 

FIRST FLOOR The first floor comprises four well-proportioned bedrooms, each designed with a practical layout to ensure comfort and usability. The generous room sizes allow tenants to create a personal and functional space, supporting long-term occupancy. Large windows provide natural light, enhancing the overall living experience. A separate WC and a shower room are positioned on this level, reducing waiting times and enhancing convenience for tenants. The placement of these facilities ensures efficient use of space while catering to the needs of a high-occupancy property. 

SECOND FLOOR The second floor houses the remaining four bedrooms, which are well-sized and benefit from an efficient layout. Designed for comfort and practicality, these rooms provide ample space for tenants, ensuring a balance between privacy and shared living. The thoughtful design of the property allows each bedroom to maintain a comfortable and functional living environment. A second shower room is also located on this floor, ensuring that tenants have sufficient access to facilities. This additional bathroom improves the overall convenience of the property and enhances the experience of those living in a high-occupancy environment. 

FREE PROPERTY VALUATION Why Choose Tristram's?

- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.

- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!

What We Offer:

- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.

- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.

- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!

Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality! 

DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you. 

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