Property photos
House share
Freehold
Offers in region of
£1,800,000
25 bed property for sale
Derby Road, Nottingham NG725 beds
9 baths
EPC rating: E
Key Information
Local area information
Property location
Nearby amenities
- Edna G. Olds Academy 0.2 miles
- Radford Primary School Academy 0.5 miles
- Nottingham 1.3 miles
- Beeston 2.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Nottingham to find out more about the local area.
Features and description
- Freehold
- 3 x Large Student HMO Properties
- 25 beds in total
- Fully let for 24/25 and HMO Licensed
- Annual Income of £212,408
- Prestigious Detached Residences
- Gross Yield of 11.8%
- Spv Sale
- £72,000 per bed
- All c-Rated EPCs
- Includes land and 9 space fully let commercial car park with potential for development
25 Bed Student Portfolio for Sale - Method of Sale - spv sale for benefit of reduced Stamp Duty
Prime Locations for students at the University of Nottingham
Annual Rent of £212,408 for 24/25 academic year
Gross Yield 11.8% gross yield - £72,000 per bed
3 x large and prestigious Student HMOs
Portfolio summary fhp Student Living are delighted to offer this portfolio of 3 substantial homes totaling 25 bedrooms, each with HMO licenses in place in Lenton, Nottingham. The properties are in prestigious positions with the prime areas of Lenton for students at the UofN, having previously been voted one of the top 10 student homes in Lenton.
The portfolio has a long standing rental history and offers fantastic returns with a desirable yield of 11.8% for what is a turn key investment in prime Lenton, Nottingham.
Location Each house is located in a prime position in Lenton, the most popular area for students who study at the University of Nottingham. Lenton sits midway between the University of Nottingham's University Park Campus and the City Centre, with further accessibility to Nottingham Trent University.
The fabled "Golden Triangle" of Lenton covers all properties between Derby Road, Ilkeston Road and Lenton Boulevard.
The University of Nottingham is a Russell Group University with over 37,000 students (hesa 21/22). Ntu additionally has over 41,000 students.
Both Universities are consistently high performing in respective ranking tables.
UofN is currently ranked 16th in the UK and 130th worldwide (Times Higher education) and 100th in the world according to the qs world rankings.
Nottingham Trent is currently ranked 56th in the UK and the top 600 worldwide for the first time. Ntu was also awarded The Times Modern University of the year in 2023.
We anticipate current enrolment figures are slightly higher but hesa figures are up to date to the 21/22 year.
259 derby road Adjoined to 115 Lenton boulevard, part of the renowned Turret properties, this house features 7 double bedrooms, 2 bathooms, a kitchen and communal room.
The property benefits from car parking for up to 8 cars, sharing its top 10 status with its adjoining house on Lenton Boluevard.
The property is let for the current academic year for £50,596 per annum for 24/25.
This property has previously had planning permission granted but now expired for the extension of the downstairs kitchen into the car park, as well as an additional bathroom.
The client intended to turn the current lounge into an eighth bedroom.
115 lenton boulevard This adjoins the 259 Derby Road, located on the same plot under a separate title and consists of 8 double bedrooms, 3 bathrooms, a kitchen and communal room.
The property boasts a stunning external aesthetic, with a prominent turret giving the house a "famed" status due to its location at the junction of Derby road and Lenton Boulevard. The house has a gated car park with space for up to 6 cars and was voted on of the top 10 student homes in Lenton in 2021.
The property is producing an income of £67,808 for 23/24 & 24/25 academic years
117 derby road An impressive Georgian property consisting of 10 double bedrooms, 4 bathrooms & 2 kitchens with stunning rear facing views over the Park Estate and of the Castle. Additionally, the property has 2 cave rooms that could be further developed, along with potential development land to the rear of the property.
The property underwent a near complete renovation recently (C.£200,000) which has assisted in significant increase in the rents
Bordering the Park Estate, one of Nottinghams wealthiest locations, the period nature of the properties is a fantastic proposition and a truly unique offering to students.
The property is producing a current income of £68,105 pa for the 23/24 academic year, increasing to £93,640 pa for the 24/25 year following renovations and a leased car parking deal.
Investment summary Gross Yield of 11.8%
£72,000 per bed space
The properties are rented for a total gross income of £212,408.
117 Derby Road and 115 Lenton Boulevard are rented with an inclusive package and 117Derby Road and 259 Derby Road has a car parking lease arranged to a local business.
All properties have HMO licenses in place, due to expire in 2026. 2 of the licenses are in the name of the business being sold so our expectation is that these licenses should be continued post completion and you would only need to re-apply for 1 new license.
Spv purchase The properties are being sold through their company as a Share Purchase Agreement of the spv.
Buyers can conduct their own initial due diligence prior to a viewing.
Upon viewing and declaration of interest, we are able to share the recent accounting reports to allow parties to assess an offer.
We have been informed that the existing mortgages cannot be transferred
asking price We are seeking an offer in the region of £1.8m to purchase all the shares of the holding company.
This is equal to £72,000 per bed and a gross yield of 11.8%
We would request that interested parties take full consideration from appropriate financial advisors prior to making an offer.
Prime Locations for students at the University of Nottingham
Annual Rent of £212,408 for 24/25 academic year
Gross Yield 11.8% gross yield - £72,000 per bed
3 x large and prestigious Student HMOs
Portfolio summary fhp Student Living are delighted to offer this portfolio of 3 substantial homes totaling 25 bedrooms, each with HMO licenses in place in Lenton, Nottingham. The properties are in prestigious positions with the prime areas of Lenton for students at the UofN, having previously been voted one of the top 10 student homes in Lenton.
The portfolio has a long standing rental history and offers fantastic returns with a desirable yield of 11.8% for what is a turn key investment in prime Lenton, Nottingham.
Location Each house is located in a prime position in Lenton, the most popular area for students who study at the University of Nottingham. Lenton sits midway between the University of Nottingham's University Park Campus and the City Centre, with further accessibility to Nottingham Trent University.
The fabled "Golden Triangle" of Lenton covers all properties between Derby Road, Ilkeston Road and Lenton Boulevard.
The University of Nottingham is a Russell Group University with over 37,000 students (hesa 21/22). Ntu additionally has over 41,000 students.
Both Universities are consistently high performing in respective ranking tables.
UofN is currently ranked 16th in the UK and 130th worldwide (Times Higher education) and 100th in the world according to the qs world rankings.
Nottingham Trent is currently ranked 56th in the UK and the top 600 worldwide for the first time. Ntu was also awarded The Times Modern University of the year in 2023.
We anticipate current enrolment figures are slightly higher but hesa figures are up to date to the 21/22 year.
259 derby road Adjoined to 115 Lenton boulevard, part of the renowned Turret properties, this house features 7 double bedrooms, 2 bathooms, a kitchen and communal room.
The property benefits from car parking for up to 8 cars, sharing its top 10 status with its adjoining house on Lenton Boluevard.
The property is let for the current academic year for £50,596 per annum for 24/25.
This property has previously had planning permission granted but now expired for the extension of the downstairs kitchen into the car park, as well as an additional bathroom.
The client intended to turn the current lounge into an eighth bedroom.
115 lenton boulevard This adjoins the 259 Derby Road, located on the same plot under a separate title and consists of 8 double bedrooms, 3 bathrooms, a kitchen and communal room.
The property boasts a stunning external aesthetic, with a prominent turret giving the house a "famed" status due to its location at the junction of Derby road and Lenton Boulevard. The house has a gated car park with space for up to 6 cars and was voted on of the top 10 student homes in Lenton in 2021.
The property is producing an income of £67,808 for 23/24 & 24/25 academic years
117 derby road An impressive Georgian property consisting of 10 double bedrooms, 4 bathrooms & 2 kitchens with stunning rear facing views over the Park Estate and of the Castle. Additionally, the property has 2 cave rooms that could be further developed, along with potential development land to the rear of the property.
The property underwent a near complete renovation recently (C.£200,000) which has assisted in significant increase in the rents
Bordering the Park Estate, one of Nottinghams wealthiest locations, the period nature of the properties is a fantastic proposition and a truly unique offering to students.
The property is producing a current income of £68,105 pa for the 23/24 academic year, increasing to £93,640 pa for the 24/25 year following renovations and a leased car parking deal.
Investment summary Gross Yield of 11.8%
£72,000 per bed space
The properties are rented for a total gross income of £212,408.
117 Derby Road and 115 Lenton Boulevard are rented with an inclusive package and 117Derby Road and 259 Derby Road has a car parking lease arranged to a local business.
All properties have HMO licenses in place, due to expire in 2026. 2 of the licenses are in the name of the business being sold so our expectation is that these licenses should be continued post completion and you would only need to re-apply for 1 new license.
Spv purchase The properties are being sold through their company as a Share Purchase Agreement of the spv.
Buyers can conduct their own initial due diligence prior to a viewing.
Upon viewing and declaration of interest, we are able to share the recent accounting reports to allow parties to assess an offer.
We have been informed that the existing mortgages cannot be transferred
asking price We are seeking an offer in the region of £1.8m to purchase all the shares of the holding company.
This is equal to £72,000 per bed and a gross yield of 11.8%
We would request that interested parties take full consideration from appropriate financial advisors prior to making an offer.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Listed by
FHP Living
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