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. 1b - 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. 1a - 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.

Note to Buyers

The property is known at the land registry and on the contract as 1B Radford Grove Lane, Nottingham (NG7 5QB) under title number NT570520.


Tenure

Freehold