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£375,000
OIRO

6 bed house for sale Wiverton Road, Nottingham

6 beds 3 baths Terraced house
Freehold

Added today

About this property

10.8% GROSS YIELD | £40,560 ANNUAL INCOME | PRIME 6-BED HMO ARTICLE 4 COMPLIANT | EPC GRADE C | FULL 5-YEAR LICENCE Purplebricks is delighted to present a high-performing "turnkey" investment that combines immediate high yields with significant development upside. Generating a proven £40,560 per annum, this 6-bedroom HMO in Forest Fields is a standout asset for any portfolio.

Key features

  • 10.8% GROSS YIELD Calculated at £375k asking price
  • £40,560 PROVEN ANNUAL INCOME
  • EPC GRADE C - READY FOR 2028 RENTAL LAWS
  • ARTICLE 4 / C4 PLANNING CERTIFICATE IN PLACE
  • FULL 5-YEAR HMO LICENCE (VALID TO NOV 2029)
  • 8-BEDROOM & BASEMENT FLAT POTENTIAL (STPP)
  • PRIME FOREST FIELDS LOCATION - NEAR NTU
  • IMMACULATELY PRESENTED THREE-STOREY ACCOMMODATION
  • GREEN MORTGAGE ELIGIBLE - LOWER INTEREST RATES
  • TENANCIES ENDING APRIL 2026 - FLEXIBLE OPTIONS

Floorplan

Location

Wiverton Road, Nottingham, NG7 6NT

Council tax
Band D (Approx £2,755/year)

Mortgage and stamp duty

Property price £375,000
£187k £563k
Deposit10% £38,000
£0 £375k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £337,000 mortgage. Most lenders would want a household income of about £75,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in NG7 6NT. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
52, Wiverton Road TerracedDec 20181,582 sq ft £130/sq ft£205,000
52, Wiverton Road TerracedJun 20151,582 sq ft £120/sq ft£190,000
70, Wiverton Road DetachedNov 2007£146,000
Flat 2, 54, Wiverton Road Flat / maisonetteNov 20051,195 sq ft £197/sq ft£235,000
52, Wiverton Road TerracedMar 20041,582 sq ft £128/sq ft£202,500
62, Wiverton Road TerracedOct 2003829 sq ft £92/sq ft£76,000
52, Wiverton Road TerracedFeb 20001,582 sq ft £62,150
72, Wiverton Road TerracedNov 19991,227 sq ft £42,500

All sales on Wiverton Road → All sold prices in Nottingham →

Area insights

The neighbourhood around this property.

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