1 bedroom apartment for sale

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1 bedroom apartment for sale

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 rare combination of affordability and exceptional rental returns, making it an attractive choice for investors. With a prime location, modern facilities, and zero ground rent obligations, it provides a compelling addition to any landlord's portfolio. The property features a thoughtfully designed open-plan living and sleeping area, kitchenette, and modern shower room, and offers access to exclusive on-site facilities such as a gym, communal lounge, and concierge service. Currently tenanted at £175 per week, the property generates an impressive annual income of £8,160, delivering a strong yield of approximately 16.27%. With potential to increase the rental income to £170 per week, the yield could reach around 18.06%. This is an outstanding opportunity for investors looking to secure a high-yield property in the heart of Nottingham City Centre.