Sold STC - 8 bed Semi-Detached House

• Two self-contained flats, each with separate utilities
• Combined annual rental income of £58,000
• Holds valid HMO licences for both flats
• Current yield: 11.37%
• Near Nottingham Trent University and the University of Nottingham, attracting student and young prof
• Strong yields achievable for well-maintained HMO properties
• Location near to A good mix of supermarkets, shops, cafes, and leisure facilities
• Fully let until 2027

SUMMARY This well-maintained investment property consists of two self-contained flats, each with its own utilities and council tax arrangements (if occupied by non-students), generating a combined annual rental income of £58,000. Fully compliant with fire safety regulations, the building is equipped with a regulated fire alarm system and holds valid HMO licences for both flats, ensuring it meets all necessary standards for multi-occupancy lettings.

The ground floor comprises a three-bedroom flat, offering a practical and well-designed layout. The entrance leads into a spacious living room, providing a central hub for tenants to relax and socialise. The fitted kitchen is positioned towards the front of the property, featuring ample workspace and storage. The three bedrooms are well-sized, with flexibility for different living arrangements, while the bathroom, located centrally, is fitted with a shower, toilet, and sink. The layout ensures a comfortable and functional living space for tenants.

The first and second floors form a five-bedroom duplex flat, designed to accommodate multiple occupants with a well-thought-out division of space. The first floor is accessed via an entrance hall leading to a generously sized living room, ideal for communal use. A separate kitchen is positioned towards the rear, providing a practical cooking and dining space. This floor also features two well-proportioned bedrooms, along with a bathroom fitted with a shower, toilet, and sink for convenience. The staircase leads up to the second floor, where three further bedrooms are situated, each offering ample space for tenants. A second bathroom on this level provides additional facilities, reducing congestion during peak times and enhancing the overall practicality of the flat.

Both flats benefit from well-defined living and private spaces, making them highly suitable for multiple occupants. With separate meters, utilities, and regulatory compliance already in place, this property offers a ready-made investment with strong rental income and long-term stability.

LOCATION SUMMARY Waterloo Road in Nottingham presents an excellent opportunity for investors seeking a strong-performing HMO property. The area benefits from excellent connectivity, with frequent bus routes providing easy access to Nottingham city centre and surrounding areas. The nearest tram stops and train stations further enhance accessibility, making it convenient for both professionals and students.

The location is highly attractive to tenants due to its proximity to key employment hubs, universities, and essential amenities. Nottingham Trent University and the University of Nottingham are both within a reasonable distance, creating demand from students and young professionals. Major employers, including those in the city centre and nearby business parks, contribute to a steady rental market.

Waterloo Road also offers a good mix of local amenities, including supermarkets, shops, cafes, and leisure facilities. Nearby green spaces and recreational areas enhance the appeal for tenants looking for a balance between urban convenience and outdoor relaxation.

The rental demand in this area is consistently high, with strong yields achievable for well-maintained HMO properties. The combination of transport links, employment opportunities, and educational institutions makes it a reliable choice for investors looking to secure a long-term income from a fully tenanted property.

GROUND FLOOR - THREE-BEDROOM FLAT The ground floor features a spacious and inviting living area, perfect for communal use, with ample natural light and a practical layout for both relaxing and entertaining. Positioned towards the front of the property, the kitchen is well-equipped with storage and work surfaces, making it a functional space for tenants. There are three bedrooms, all offering comfortable accommodation. The first is a well-proportioned double room with flexibility for different tenant arrangements and sufficient space for furnishings. The second is another generously sized bedroom, providing a bright and practical layout. The third is slightly more compact but remains a functional sleeping space suitable for various tenant needs. A centrally located bathroom serves the flat, fitted with a shower, toilet, and sink, ensuring convenience for all occupants.

FIRST & SECOND FLOOR - FIVE-BEDROOM DUPLEX FLAT The first and second floors form a five-bedroom duplex flat, providing ample space for multiple occupants. The first floor has a large and well-presented living area, creating a central hub for tenants. A separate kitchen, located towards the rear, offers practical worktop space and storage. There are two well-sized bedrooms on this level, both offering comfortable living arrangements with good proportions and natural light. A bathroom with a shower, toilet, and sink serves the first-floor occupants.

The second floor features three additional bedrooms, each providing a functional and comfortable space for tenants. The largest room offers flexibility for various furniture arrangements, while the other two are well-proportioned with practical layouts. A second bathroom on this floor ensures added convenience, reducing congestion for occupants.

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DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.