1 bedroom apartment for sale

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1 bedroom apartment for sale

Maid Marian House, Hounds Gate, Nottingham
£41,500

Price History

Initial price £48,000
19/03/25 £45,000
04/12/25 £41,500
Price Change -13.54%

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 features an open-plan living-bedroom area with a kitchenette and modern shower room, and residents benefit from access to an internal gym, common room, and concierge service. With no ground rent obligations, the property provides a significant cost-saving advantage for the owner. The location is ideal for students and young professionals, with proximity to Nottingham Trent University and local amenities. With potential to increase the rental income to £8,925 per year, the yield could rise to 18.6%, making this a prime investment opportunity for landlords seeking reliable and lucrative returns.