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Loughborough Road, Nottingham, NG2

£300,000

Property Type
Flat
Bedrooms
6
Bathrooms
3
Reception Rooms
1
Tenure
Leasehold
Agent
Emoov
Floor Area
1,380 sq ft
Price / sq ft
£217
Listed 10d agoUpdated 11h ago

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Property Summary

This exceptional six-bedroom licensed HMO apartment on Loughborough Road, West Bridgford, offers a high-yield investment opportunity with a gross annual income of approximately £36,000 and an attractive yield of around 12%. The leasehold property has 106 years remaining, with an option to purchase a 25% share of the freehold for £10,000, allowing lease extension to 999 years without premium costs. Recently refurbished, the apartment features modern SPC flooring, a newly fitted kitchen (December 2022), three bathrooms, and a contemporary open-plan kitchen-living space with a breakfast bar and a 55" wall-mounted TV. Fully furnished and licensed, it benefits from strong rental demand and can also be operated as serviced accommodation, generating yields up to 16%. Additional amenities include communal parking, a rear yard with bike storage, gas central heating, and double glazing, all situated in a well-connected and desirable location close to Nottingham city centre.

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