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1 bed flat
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Price History
Our Summary
- High Rental Yield: Current yield of 17%, with potential to reach 18
- Income Potential: Scope to increase rent to £175 per week for higher returns
- There is further potential to increase the rental income to £175 per week, which would raise the annual income to £8,925 and enhance the yield to approximately 18
- Combining affordability, high rental demand, and strong rental yields, this property stands out as a prime investment opportunity
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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.