6 bed end terrace house for sale

Peveril Street, Nottingham NG7

6-Bed Licensed HMO – £45,240 Annual Income | 9.42% Yield | Prime Student Location
Located minutes from Nottingham Trent University, this high-performing 6-bed HMO is fully let at £145pppw (bills inclusive) for 2024/25 and marketed at the same rate for 2025/26. A strong turnkey investment in Nottingham’s student core.

54 Peveril Street, Nottingham | 6-Bedroom HMO Investment | £480,000 | Offers Invited

Modern Student HMO Let for £145pppw (Inclusive) – Strong 8.01% Net Yield

An excellent opportunity to acquire a high-performing 6-bedroom HMO investment property situated less than a mile from Nottingham Trent University's City Campus. 54 Peveril Street is located within a modern, purpose-built student development, ideally positioned off Alfreton Road with easy access to local amenities, tram and bus routes.

Set across three floors, the property is perfectly laid out for student sharers, offering generous and evenly sized double bedrooms, multiple communal areas, and premium fixtures.

Property Features:
6 Double Bedrooms – all evenly sized

2 Full Bathrooms – one on each upper floor

Spacious open-plan kitchen/diner

Separate communal lounge with large Smart TV

White goods including American-style fridge freezer, washer and dryer

Virgin Media M350 Fibre Broadband + 200 TV Channels

Flat-screen TVs in every bedroom

2 Allocated Parking Spaces

Located in a development approximately 10–12 years old

Less than 1 mile from Nottingham Trent University City Campus

Investment Highlights:
Tenancy for 2024/25: Fully let at £145pppw inclusive of bills

Gross Annual Rent: £45,240
(6 tenants × £145pppw × 52 weeks)

Operating Expenses (Estimated at 15%): £6,786

Net Annual Income: £38,454

Asking Price: £480,000

Gross Yield: 9.43%

Net Yield: 8.01%

This is a turnkey, fully let HMO with a proven rental track record, positioned in one of Nottingham's most reliable student letting areas. The neighbouring property at 56 Peveril Street is also available by separate negotiation, presenting an ideal portfolio purchase opportunity for serious investors.

2 Gadd Street, 54 Peveril Street & 56 Peveril Street can all be offered as a portfolio sale.

Portfolio Summary:
Total Gross Annual Rent: £134,160

Total Net Annual Income: £114,036

Total Asking Price: £1,420,000

Combined Net Yield: 8.03%

These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have not been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.

Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. Passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.