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1 bedroom apartment for sale
Maid Marian House, Hounds Gate, Nottingham
£45,000
Maid Marian House, Hounds Gate, Nottingham
£45,000
Price History
Initial price | £48,000 |
19/03/25 | £45,000 |
Price Change | -6.25% |
Description
This studio apartment in Nottingham City Centre offers a high-yield investment opportunity, with a current tenancy agreement generating £8,160 per year, equivalent to a 17% yield based on the asking price of £48,000. The property is situated on Maid Marian Way, close to Nottingham Trent University and local amenities, and features an open-plan living-bedroom area, kitchenette, and modern shower room. Residents benefit from exclusive access to an internal gym, common room, and concierge service, creating a vibrant and well-connected living environment. With no ground rent obligations, the property provides a significant cost-saving advantage, and there is potential to increase the rental income to £8,925 per year, enhancing the yield to approximately 18.6%. This property is an attractive choice for landlords seeking reliable and lucrative returns.