For Sale6 Bedroom Terraced House in Wiverton Road, Nottingham, NG7 6NT£500,000

INVESTMENT HOTSPOT! PRIME HMO WITH HUGE POTENTIAL •£40,000+ ANNUAL INCOME:* Currently generating a strong return with potential to increase! •FULL 5-YEAR HMO LICENCE (Nov 2024):* A valuable asset for continued HMO operation. • FLEXIBLE TENANCIES (Ends Sept):* Choose to retain professionals or target the lucrative student market. •DEVELOPMENT POTENTIAL (STPP):* Scope for 8 bedrooms AND a self-contained garden flat! •PRIME FOREST FIELDS LOCATION:* Near Nottingham Trent University & City Centre = High Demand. Purple Bricks are delighted to bring to market a truly outstanding investment opportunity: a beautifully presented and exceptionally well-maintained terraced house operating as a successful *6-bedroom property* in the highly desirable Forest Fields area of Nottingham. *The property currently benefits from a full 5-year HMO licence, granted by Nottingham City Council in November 2024.* *Secure a High-Yielding Investment with Flexible Tenant Options:* This property currently generates a robust income stream of just under *£40,000 per annum*, providing an attractive return from day one. The existing tenancy agreements with reliable young professionals are concluding in September, presenting a valuable choice for the new owner. *Capitalise on the Student Market:* The property's prime location near Nottingham Trent University offers a significant opportunity to market it to full-time students from September onwards. This strategy could potentially unlock *higher rental yields* and the benefit of *council tax exemption*, further enhancing the property's profitability.