5 bed terraced house for sale

Peveril Street, Nottingham NG7

Nottingham Student Investment | Two Properties | 5 Bedrooms | £33,000 Annual Income | Freehold

National Residential are delighted to offer this distinctive student investment comprising two separate properties: A two-bedroom ground-floor flat and a three-bedroom maisonette arranged across the first and second floors.
Together, the properties provide five letting bedrooms and generate a combined gross rental income of £33,000 per annum, with estimated annual running costs of approximately £4,000.
Both properties are held under one freehold title and share utility services. They must therefore be purchased together, presenting an excellent opportunity to acquire two income-producing student properties within an established Nottingham rental location.
Investment at A glance

• Two separate student properties
• Five letting bedrooms in total
• Combined monthly income: £2,750
• Combined annual income: £33,000
• Estimated annual running costs: Approximately £4,000
• Indicative income after stated costs: Approximately £29,000 per annum
• Two-bedroom ground-floor flat
• Three-bedroom maisonette over the upper floors
• Single freehold title
• Shared utility services
• Both properties must be purchased together
• Council tax band: A for each property
• Established Nottingham student location
Accommodation

78 peveril street | two-bedroom ground-floor flat
The ground-floor property provides practical student accommodation with two bedrooms and its own dedicated communal facilities.
Ground Floor
Open-plan lounge and kitchen | Two bedrooms | Bathroom
The open-plan arrangement provides a comfortable shared living space while retaining two separate bedrooms, making the flat well suited to student occupation.
78A peveril street | three-bedroom maisonette
The second property is a three-bedroom maisonette arranged across the first and second floors, offering spacious student accommodation over two levels.
First Floor
Open-plan lounge, kitchen and dining area | Bedroom | Bathroom
Second Floor
Two further bedrooms
The split-level layout provides separation between the communal accommodation and upper-floor bedrooms, creating a practical arrangement for shared student living.
Important title and utilities information

78 and 78A are two separate properties held together under one freehold title.
The properties share utility services and must therefore be purchased together. Prospective buyers should refer the title, utility arrangements and any associated responsibilities to their legal representative as part of the conveyancing process.
Established nottingham student location

The properties occupy a convenient position on the outskirts of Nottingham City Centre, within an established rental area popular with students.
Nottingham Trent University is within walking distance, while regular tram and bus services provide convenient connections to the University of Nottingham, Queen’s Medical Centre, Clifton Campus and Nottingham City Centre.
Local shops and everyday amenities are readily available nearby. Castle Retail Park provides further shopping and leisure facilities, including Aldi, The Gym, The Range and B&M, while Forest Recreation Ground is also within easy reach.
The combination of university access, public transport and nearby amenities helps support continued demand for student accommodation in the area.
Why this investment stands out

• Two Properties in One Purchase – A ground-floor flat and an upper-floor maisonette held under a single title
• £33,000 Combined Annual Income – Equivalent to £2,750 per calendar month
• Five Letting Bedrooms – Two bedrooms within 78 and three bedrooms within 78A
• Indicative Income After Stated Costs – Approximately £29,000 per annum based on the information provided
• Established Student Area – Conveniently positioned for Nottingham Trent University and transport connections to the University of Nottingham
• Separate Communal Facilities – Both properties provide their own kitchen, living accommodation and bathroom
• Practical Configuration – Combining a self-contained ground-floor flat with a maisonette arranged over two upper floors
• Freehold Ownership – The two properties are held together under one freehold title
Investor summary

This is an unusual opportunity to acquire two student properties together within an established Nottingham rental area.
Providing five letting bedrooms, separate communal accommodation and a combined annual income of £33,000, the investment offers an attractive ready-made addition to an investor’s portfolio.
Its proximity to Nottingham Trent University, excellent transport connections and access to local amenities further strengthen its appeal within the student rental market.

Viewings are highly recommended. For further information or to arrange an appointment, please contact our dedicated specialist sales advisor.

This property is only available for purchasers who are not in a chain.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.