4 bedroom House of Multiple Occupation in Nottingham

7 Hinchin Brook, Lenton, Nottingham NG7 2EF
  • Lot No: 76
  • Property Type: House of Multiple Occupation
  • Contract Type: Unconditional with Variable Fee

Guide Price* £290,000+ plus fees

Property Description

A 4 bedroom Student HMO Investment property situated in a highly convenient location. This property is currently let to 4 students at £2,166.66 per month, £25,999.92 per year (exclusive of bills) Already let for the 2025-2026 academic year at £2,201.33 per month, £26,415.96 per year (exclusive of bills) Located in a popular location close to the University of Nottingham and the Queen's Medical Centre. The property is well presented throughout and has a modern fitted kitchen, a separate spacious lounge, off street parking, gardens to the front and rear, gas central heating and part double glazing. This is a great opportunity for an investor looking for a high yielding HMO property in a prime location. Great income from day one.

Mobile Phone Coverage

O2, Three, EE and Vodafone are available in this location.


Satellite and Cable TV Availability

BT and Sky are available in this location.


Broadband (estimated speeds)

Standard 11 mbps. Superfast 78 mbps. Ultrafast 1000 mbps.


Construction Material

Cavity wall, as built, insulated (assumed). Information taken from EPC.


Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 24th April 2025

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

7 Hinchin Brook, Lenton, Nottingham NG7 2EF