6 Burns Avenue is a well-proportioned and extended four bedroomed licensed HMO, located in the highly sought-after Arboretum district, just a short walk from Nottingham Trent University.

Let for the 2025/26 academic year at £100 per person per week for 48 weeks, plus £200 per person for August, the property generates a gross annual rent of £20,000, with bills excluded. Based on the guide price, this represents a 10% gross yield.

The accommodation is arranged over two floors and includes four spacious double bedrooms, an extended kitchen/diner to the rear, first-floor lounge, and a shared bathroom. The full-height basement (with no natural light) offers excellent scope for conversion into a communal amenity or cinema room, subject to planning.

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 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:

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

• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 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.