87 Garden Lane, Sutton-in-Ashfield, Nottinghamshire, NG17 4LF
- Unconditional Online Sale
- Offers in Excess of : £315,000
- Bedrooms: 7
- Bathrooms: 7
Fully Licensed 7-Bed 7-Bath HMO (6 Ensuites) | £39,480 Annual Income | 12.53% Gross Yield | Prime Sutton-in-Ashfield Location | Professional Tenants | Excellent Rail & M1 Links
Description
This modern, well-presented, fully compliant 7-bedroom HMO—featuring seven bathrooms with six ensuite rooms—offers an excellent high-yield investment opportunity in a prime Sutton-in-Ashfield location. Fully tenanted by working professionals, the property generates £39,480 in annual rental income, delivering an impressive gross yield of 12.53% with stable occupancy and dependable cash flow. Finished to a high standard throughout, the property is ideally situated close to major employers, the town centre, and a wide range of local amenities, ensuring consistent demand from professional tenants. Excellent transport connectivity via rail and bus services, together with convenient access to the M1, A38, and Nottingham city centre, further enhances its appeal to commuters and working professionals. Supported by ongoing town centre regeneration, housing investment, and employment growth, the area continues to experience strengthening tenant demand and positive long-term prospects. This asset represents a resilient, income-generating investment with outstanding yield potential and excellent long-term growth in one of Nottinghamshire's strongest rental markets.
Income Breakdown (Monthly)
| Room 1: £450 |
| Room 2: £475 |
| Room 3: £475 |
| Room 4: £470 |
| Room 5: £450 |
| Room 6: £470 |
| Room 7: £500 |
| Total Monthly Income: £3,290.00 |
| Total Annual Income: £39,480.00 |
Expenditure Breakdown (Monthly):
| Gas: £198 |
| Electric: £43 |
| Water: £49 |
| Council Tax: £144 |
| TV Licence: £15 |
| Broadband: £43 |
| Management (12%): £395 |
| Total Monthly Expenditure: £887.00 |
| Total Annual Expenditure: £10,644.00 |
Investment Performance:
| Net Annual Income: £28,836.00 |
| Gross Yield: 12.53% |
| Net Yield: 9.15% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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Financing
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