For Sale6 Bedroom Terraced House in Wiverton Road, Nottingham, NG7 6NT£375,000
Property Type
Terraced House
Bedrooms
× 6
Bathrooms
× 3
Receptions
× 1
Tenure
Freehold
Price
£375,000
Key Features
- 10.8% GROSS YIELD Calculated at £375k asking price
- £40,560 PROVEN ANNUAL INCOME
- EPC GRADE C READY FOR 2028 RENTAL LAWS
- ARTICLE 4 / C4 PLANNING CERTIFICATE IN PLACE
- FULL 5 YEAR HMO LICENCE (VALID TO NOV 2029)
- 8 BEDROOM & BASEMENT FLAT POTENTIAL (STPP)
- PRIME FOREST FIELDS LOCATION NEAR NTU
- IMMACULATELY PRESENTED THREE STOREY ACCOMMODATION
- GREEN MORTGAGE ELIGIBLE LOWER INTEREST RATES
- TENANCIES ENDING APRIL 2026 FLEXIBLE OPTIONS
Resources
Description
10.8% GROSS YIELD | £40,560 ANNUAL INCOME | PRIME 6-BED HMO ARTICLE 4 COMPLIANT | EPC GRADE C | FULL 5-YEAR LICENCE Purplebricks is delighted to present a high-performing "turnkey" investment that combines immediate high yields with significant development upside. Generating a proven £40,560 per annum, this 6-bedroom HMO in Forest Fields is a standout asset for any portfolio. The Investor’s Edge EXCEPTIONAL RETURNS: Delivering a robust 10.8% Gross Yield at the asking price. PLANNING SECURITY: Lawful Development Certificate in place for C4 / Article 4—no planning risk for the new owner. COMPLIANCE READY: Fully licensed until Nov 2029 and rated EPC Grade C. This property is already compliant with the upcoming 2028 rental laws, requiring zero immediate capital expenditure on energy upgrades. GREEN MORTGAGE ELIGIBLE: The 'C' rating opens up access to lower interest rates via Green Mortgage products—further boosting your net yield. Strategic Opportunity & Flexibility This property offers a rare "reset" point for a new owner. The current professional tenancies conclude in April 2026, allowing you to: Retain the Professionals: Continue with the current high-quality tenant base. Pivot to Students: Capitalise on the massive demand from Nottingham Trent University (walking distance), potentially driving even higher rents and benefiting from Council Tax exemptions. The Property & Development Potential Immaculately maintained and finished to a high standard, the house comprises: 6 Spacious Bedrooms & 3 Modern Bathrooms. Modern Kitchen-Diner & large separate communal lounge. FULL-HEIGHT BASEMENT: Currently used as a gym/utility, this space offers significant scope for conversion into a self-contained garden flat (STPP), creating a dual-income stream. 8-BEDROOM SCOPE: Internal layout allows for potential reconfiguration to increase room count (STPP).