8 Burns Avenue, Nottingham NG7 4DR

8 Burns Avenue is a fully let, well-configured four bedroomed end-terraced licensed HMO, just a five-minute walk from Nottingham Trent University.

Let for the 2025/26 academic year at £110 per person per week over 48 weeks, plus £200 per person for August, the property produces a gross annual income of £21,920 (excluding bills), offering a 9.9% yield based on the guide price.

The house features four spacious double bedrooms, a wide entrance hallway, first-floor lounge, shared bathroom, and an extended kitchen/diner. The corner plot includes a large rear garden with clear potential for a rear extension (subject to planning), in addition to an unconverted full-height basement, ideal for a cinema room or student amenity.

The Arboretum is widely regarded as the most desirable student letting area in Nottingham due to its proximity to Nottingham Trent University, the city centre, tram links, and its protected residential feel. The area benefits from long-term rental stability, excellent capital growth performance, and a well-balanced mix of period housing and licensed HMOs. It is consistently favoured by second- and third-year NTU students and postgraduate tenants.

Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction 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.