Claypole Road, Nottingham, Nottinghamshire, NG7 Property for sale

An excellent investment opportunity to acquire a fully licensed 5-bedroom House in Multiple Occupation (HMO) situated in the popular and well-established rental area of Radford, Nottingham, offering strong rental demand from students and young professionals alike.

This spacious end-terrace property has been configured to provide five well-proportioned bedrooms, alongside shared communal living accommodation, a communal kitchen, and two bathrooms, making it ideally suited for continued use as a high-yield rental investment.

The property has previously achieved £125 per room, per week, generating a strong gross income potential of approximately £32,500 per annum when fully occupied, putting the yield at 12% and presenting a great opportunity for landlords seeking this kind of investment.

Positioned within close proximity to University of Nottingham, Nottingham Trent University, Nottingham City Centre, and excellent transport connections, the location remains consistently popular with tenants. The surrounding NG7 area is well known for its established rental market, strong student presence, and ongoing demand for shared accommodation.

A ready-made investment opportunity offering strong yields in one of Nottingham’s most established rental locations, ideal for both experienced investors and those looking to expand their HMO portfolio.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.