Studio flat for sale

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Studio flat for sale

Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD
£50,000

Price History

Initial price £65,000
27/12/24 £59,995
05/02/25 £57,000
18/03/25 £50,000
Price Change -23.08%

Description

Halley House is a premium student development in the heart of Nottingham, offering a boutique student experience with amenities such as communal space and a modern gym. The property is already tenanted, generating a gross rent of £7,590 and a net income of £4,146.70, resulting in a net yield of 8.29%. The development is managed by PRIMO Property Management and is a popular choice with both landlords and tenants. Nottingham is an excellent choice for student property investment due to its growing student population, with the University of Nottingham and Nottingham Trent University attracting students from around the world. This property is suitable for cash buyers only and may fall within a selective licensing area where charges may apply.