Studio apartment

Maid Marian House, Hounds Gate, Nottingham NG1 6BB

Size: 17 sqm

Purchase price

£50,000

Size: 17 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,808
Ground rent £295
Service charge £1,756
Lettings fees £799
Net income £2,958
Gross yield 11.62%
Net yield 5.92%

HIGH SPEC STUDENT ACCOMMODATION - TENANTED UNTIL July 2020 - Fantastic cash investment opportunity!


Maid Marian House presents a great cash investment opportunity in the heart of Nottingham, a bustling student city.

This self-contained PREMIUM STUDIO with extra space includes an en-suite shower room, double bed, fitted kitchen and study area. The development also boasts its own gym, cinema room, common room, and laundry facilities; making it the perfect luxury option for students to work and play.

This apartment is currently tenanted and is let and managed by an experienced letting agent.

Within walking distance to local amenities, bars, and clubs, Maid Marian House is a brilliant community for those studying at Nottingham University.

The latest edition of Private Finance’s buy-to-let (BTL) hotspots analysis reveals that Nottingham has moved up from second position for the best area to invest following a £121 increase in average monthly rents. If that is not proof enough house prices in the area have also increased by 25% in the last 5 years! (Zoopla - September 2018) making now a great time to join in the investment band wagon in Nottingham.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted for immediate income

Key features

Managed by experienced student management team

Key features

Fully self contained

Key features

Local to all amenities

Key features

Onsite private residents gym

Key features

Cinema Room

Key features

Close to universities

Key features

Popular development with students

HIGH SPEC STUDENT ACCOMMODATION - TENANTED UNTIL July 2020 - Fantastic cash investment opportunity! More info...

Maid Marian House presents a great cash investment opportunity in the heart of Nottingham, a bustling student city.

This self-contained PREMIUM STUDIO with extra space includes an en-suite shower room, double bed, fitted kitchen and study area. The development also boasts its own gym, cinema room, common room, and laundry facilities; making it the perfect luxury option for students to work and play.

This apartment is currently tenanted and is let and managed by an experienced letting agent.

Within walking distance to local amenities, bars, and clubs, Maid Marian House is a brilliant community for those studying at Nottingham University.

The latest edition of Private Finance’s buy-to-let (BTL) hotspots analysis reveals that Nottingham has moved up from second position for the best area to invest following a £121 increase in average monthly rents. If that is not proof enough house prices in the area have also increased by 25% in the last 5 years! (Zoopla - September 2018) making now a great time to join in the investment band wagon in Nottingham.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop Tenanted for immediate income
    Tick Desktop Managed by experienced student management team
    Tick Desktop Fully self contained
    Tick Desktop Local to all amenities
    Tick Desktop Onsite private residents gym
    Tick Desktop Cinema Room
    Tick Desktop Close to universities
    Tick Desktop Popular development with students
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,808
Ground rent £295
Service charge £1,756
Lettings fees £799
Net income £2,958
Gross yield 11.62%
Net yield 5.92%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.