5 days ago

HMO opportunity in Warsop – Nottinghamshire

Area: Nottingham
Houses in multiple occupation (HMO)
Bedrooms: 3
Bathrooms: 1
Market Status: on market
Property Purchase Price: £120,000
Fair Market Value: £140,000
GDV (if applicable): 150,000
Price Negotiable?: no
Monthly Rental Price: £1,950 /month
Gross Yield: 19.50%
Sourcing Fee (including VAT): £3,000
Renovation Costs: £20,000
Legal Fees: £1,500

Amazing HMO conversion opportunity. Its on the main road and right in front of the care home.

Lounge (3.6 x 3.65 (11’9″ x 11’11” ))

Walking in from the front door, you are welcomed by a well-proportioned family room with double glazing to the front elevation, radiator and electric fireplace.


Accessed via a door between the two reception rooms is a convenient cellar space currently utilised as a wine cellar, but equally a perfect storage space.

Dining Room (3.61 x 3.69 (11’10” x 12’1″ ))

Leading on from the lounge is a second reception room, perfectly suited as a dining area with radiator and double glazing to the rear elevation.

Kitchen (1.88 x 3.63 (6’2″ x 11’10”))

Kitchen needs to be worked on to increase rental value 


Leading to two bedrooms and bathroom to the first floor and access to the second floor attic room.

Bedroom One (3.97 x 5.51 (13’0″ x 18’0″))

A generously sized double bedroom with radiator and double glazed window to the front elevation.

Bedroom Two (3.68 x 3.61 (12’0″ x 11’10” ))

A second single bedroom with radiator and double glazing to the rear elevation, housing the combination boiler.

Bathroom (1.60 x 2.32 (5’2″ x 7’7″))

Neutral three-piece bathroom suite comprising bath, WC, and wash hand basin, with fully tiled walls and vinyl flooring; finished with hand towel rail and double glazed window to the rear elevation.

Attic Room (3.97 x 5.51 (13’0″ x 18’0″))

Versatile attic room space accessed via a staircase from the first floor landing, offering radiator, double glazed window to the front elevation and loft access.


The property sits back from the road with a pleasant front lawn and path leading to the front entrance door. To the rear, the property shares a quaint courtyard with gated access and shared access to off-road parking ahead of a detached single garage. The property further offers a private, well-sized rear lawn.


Please reach out to know more details of refurb 


Close to Amenities
Great location
Loft/Attic Space
Off-Street Parking
On-Street Parking
Mortgage Calculator
Price *
Interest Rate *
Period (months)
Monthly Payment -
Total Interest -
Total Payments -
Almas Investments Ltd (Sheena Almas)
Member since: 1 year
User is offline
127 Church Road, Clipstone Village, Mansfield, Nottinghamshire NG21 9DJ
See all ads
770 * * * * * * * * *
Send a message
Add to favorites
Add to compare
Report abuse


Get the latest deals straight to your inbox!

© 2024 Sourcing Investments Marketplace. All rights reserved.
Sourcing Investments Property Marketplace
Sourcing Investments Property Marketplace
Sourcing Investments Property Marketplace
Sourcing Investments Property Marketplace