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 property is leasehold with 106 years remaining. A 25% share of the freehold is available for £10,000, giving the purchaser a stake in the freehold and the ability to extend the lease to 999 years for solicitor costs only — no lease extension premium payable. This removes the typical cost and uncertainty associated with short leasehold tenure, making it a straightforward long-term hold. 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.