Diane's Nottinghamshire Property Blog - 23/09/21

 A great investment opportunity located-on Daisy Road, Mapperley, Nottingham NG3 6HH.

Link to the property on Rightmove:


I have just come across this excellent investment opportunity in Nottingham. A super residential street in a sought-after location.

Currently, the property is listed on Rightmove with Holden Copley at £180,000, and this is what you get:

  • Two double bedrooms
  • Two reception rooms
  • Four-piece bathroom suite
  • Modern fitted kitchen
  • Popular location
  • Low maintenance garden
  • On-street parking
  • No upward chain
  • Double glazed windows
  • Gas central heating

In my opinion, this property can be easily converted to a three-bed, which is critical in my thought process in terms of investment opportunity. If I were to buy this property, I would convert one of the downstairs reception rooms into a third bedroom. As this would not meet the criteria for a mandatory HMO Licence, nor is it in an article 4 area, additional licensing would not be required. Houses in multiple occupation – Gedling Borough Council.

I would be looking to rent out each of the three rooms at around £450 per person PCM. This would achieve a very healthy gross of £1350 pcm – 9% yield.

As always, I would evaluate any potential costs that I would need to factor in prior to making any offer. The roof may need some attention; this however would not put me off if I had factored that in to my calculations.

The property looks to be in good condition, clean and tidy, and on a respectable residential street. Located in Mapperley, just off Porchester Road, it is close to the city centre bus links and nearby shops. I believe you would have no issues when renting out this property. This would make an excellent rental option for nursing staff and other City Hospital employees.

Potentially a great buy to let deal providing the potential to increase your equity with the scope to remortgage to fund your next investment.

Please take a look at my short video discussing this property further, click the link below to be redirected to the video:


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