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4 Burns Avenue, Nottingham NG7 4DR

£180,000

Property Type
Terraced
Bedrooms
4
Bathrooms
1
Reception Rooms
1
Tenure
Freehold
Agent
SDL Auctions
Floor Area
1,190 sq ft
Price / sq ft
£151
Listed 3 months agoUpdated 13h ago

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Property Summary

This well-presented four-bedroom licensed HMO is situated in the heart of The Arboretum, Nottingham's most established student rental area, just a five-minute walk from Nottingham Trent University. The property features four double bedrooms, a first-floor lounge, a spacious kitchen/diner, and a bathroom, with a full-height unconverted basement offering potential for a cinema room or additional communal space. Additionally, the unconverted loft presents future development opportunities, subject to planning permission. Currently let for the 2025/26 academic year at £100 per person per week plus a £200 August rent retainer, the property generates a gross annual rent of £20,000, delivering an 11% gross yield based on the guide price. The Arboretum is highly sought after due to its proximity to the city centre, tram links, and Nottingham Trent University, providing excellent rental stability and capital growth potential. The property is freehold, EPC rated D, and will be sold at auction on 30th April 2026.

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