5 bedroom House of Multiple Occupation in Nottingham

1A & 1B Radford Grove Lane, Nottingham NG7 5QB
  • Lot No: 78
  • Property Type: House of Multiple Occupation
  • Contract Type: Split fee

Guide Price* £295,000+ plus fees

Property Description

This detached property presents an excellent investment opportunity. Unit 1b is currently rented for £695 per month, while unit 1a features four rooms available on Airbnb at £35 per night, resulting in an impressive annual income of £59,440. The property enjoys a prime location with outstanding city centre connections and nearby local amenities. 1a - The property briefly consists of an entrance hallway with stairs leading down to a shower room/utility area and a snug, as well as stairs leading up to a modern fitted kitchen/diner, an additional shower room, and four fully furnished rooms, all equipped with hardwired broadband, UPVC double glazing, and gas central heating. 1b - The property briefly includes an entrance into a bay-fronted kitchen/lounge, two separate rooms—one with a bath and the other with a WC and basin—and a double bedroom. Externally, the property features a landscaped front garden with a low-maintenance lawn, flower beds, and an attractive slate-chipped area. Additionally, there are two sheds for extra storage and a carport situated just outside the fenced area. Given its excellent city centre location, this property has maintained full bookings throughout the year, attracting a mix of long-term Airbnb rentals, returning guests, and workers seeking proximity to the city.

Tenure

Freehold