5 Bedroom HMO

Leyton Avenue, 
Sutton-in-Ashfield, 
Nottinghamshire, 
NG17 3BD
Purchase price
£240,000
  • Size: 74 sqm
  • Tenanted
ATTENTION INVESTORS! INCREDIBLE BRAND-NEW HMO - 8.77% NET! Impeccably renovated freehold semi-detached property with five ensuite bedrooms.
  • Financial Performance*
Gross rent
£31,500
Lettings fees
£3,150
Net income
£21,918
Gross yield
13.13%
Net yield
9.13%
  • Key Features
  • Unmissable investment opportunity
  • High quality newly renovated HMO
  • Fully furnished
  • Five ensuite bedrooms
  • Luxurious finish throughout
  • Stylish and modern kitchen
  • Enclosed rear garden
  • Experienced agent in place
  • Generate a high return from completion
  • Enquire today to avoid disappointment

yieldit are pleased to bring to the market this lucrative investment opportunity with anticipated return of 8.77% NET. The semi-detached property has been converted into a luxurious HMO consisting of five spacious bedrooms which are fully furnished with double beds, drawers and wardrobes. Each bedroom is complete with its own ensuite shower room with heated towel rail. The property is finished to an impeccable standard throughout and has a high specification communal kitchen with complete with appliances and enclosed rear garden.

The property is perfectly positioned in a popular area of Sutton-in-Ashfield, Nottinghamshire. Situated close to public transport links and the A38 and M1 it is the ideal accommodation for commuters with Nottingham city centre being just a 40-minute drive away. Kings Mill Hospital is within easy reach as are Nottinghamshire’s well-regarded universities, which means this property is an attractive let for working professionals seeking high quality accommodation.

There hasn’t ever been a better time to invest in property in Ashfield. Ashfield Innovation and Technology Park and an advanced distribution and manufacturing centre as part of £62.6 million Towns Fund cash secured from the Government in 2021 promise significant investment into education and skills and to boost the regional economy. The site will be a £100m-plus development and is anticipated to attract inward investment, create higher economic growth and opportunities for residents of Ashfield which will only contribute to the demand for rental properties in the area. Don’t miss out and enquire early to avoid disappointment.

  • Financial Performance *
Gross rent
£31,500
Lettings fees
£3,150
Net income
£21,918
Gross yield
13.13%
Net yield
9.13%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating