Loughborough Road, Nottingham, NG2

Full Description

Exceptional 6-Bed Licensed HMO Apartment – High-Yield Investment Opportunity in West Bridgford Presenting a rare opportunity to acquire a high-performing six double-bedroom HMO apartment located on Loughborough Road, West Bridgford — one of Nottingham’s most desirable and well-connected areas. There is the option to purchase this property fully-furnished. The building itself was converted into HMOs and apartments in around 2007, and this particular apartment was refurbished just two years ago. It features modern SPC flooring throughout and a newly fitted kitchen installed in December 2022, providing a smart and durable finish ideal for long-term rental use. The apartment is currently licensed and operating as a HMO, offering six generously sized double bedrooms, three bathrooms, and a contemporary open-plan kitchen-living space complete with breakfast bar and wall-mounted 55” TV. This property has been thoughtfully set up as a turnkey investment with strong and proven rental demand. As a HMO, the rooms achieve around £450 per month per room (excluding bills), giving a gross annual income of approximately £32,400. At an asking price of offers over £320,000, this equates to an attractive gross yield of around 10%. For investors seeking even higher returns, the apartment has also been successfully operated as serviced accommodation, generating an average income of £3,500–£4,000 per month. This reflects an impressive 13.1%–15% gross yield based on the same asking price — providing flexibility to suit different investment strategies. The property benefits from excellent local amenities, strong tenant demand, and great transport links into Nottingham city centre. It also offers access to a rear yard with bike storage and shared parking, further enhancing rental appeal. With modern finishes, an established income profile, and multiple revenue models available, this property represents a compelling ready-made investment opportunity in a consistently strong rental market.