5-bed apartment for sale
Nottingham, Old Lenton, Lenton
321.637 €
Listed Jun 26, 2026
About this listing
This property remains available and open to offers following the auction on 29 July 2026.
Please contact the auctioneers for further details.
Offered in partnership with Nicholas Humphreys - Nottingham A block of two flats which has had a rental income of £35,000 per annum. The property comprises of two self-contained flats: A one-bedroom flat situated on the ground floor. A four-bedroom duplex HMO flat arranged over the first and second floors. Rental Information- The property was let for the 2025/2026 academic year, generating an annual income of £35,384 part inclusive of bills. The property is in the process of being let for the 2026-2027 academic year.
Flat B – First/second Floor: £1,993.33pcm (Proposed start date 01.08.26)
Flat A -Ground: £563.33pcm (Start date 24.06.26)
Combined £30,679.92 per annum, exclusive of utilities. Both units are finished to a good standard, which is reflected in the strong rental income currently being achieved. HMO Usage: - The property also benefits from a Certificate of Lawfulness confirming established C4 usage on the four-bed flat. A superb investment opportunity with income from day one. Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Note to Buyers The tenancy agreement for 321B is not provided in the legal pack (this has been requested) and therefore we cannot confirm the rental figure given in our marketing. We are advised by the sellers solicitor's that as it stands there is no upcoming tenancy for 321B for the 2026-2027 academic year. Tenure: Freehold EPC Rating: C D Terms:
Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 5% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page. This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.Show more
Key Stats
Key Stats
Bedrooms5
Bathrooms0
SubtypeStandard flat
Energy ClassC
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Listed on
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Mortgage calculator
Estimated monthly payment
1.593 €/mo
Down payment10 % · 32.164 €
32.164 €289.473 € loan
Term
Total repayable477.780 €
Interest rate4.40 %
Representative estimate · Landomo is not a mortgage broker. · Rates updated April 2026