Studio flat for sale

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Studio flat for sale

Maid Marian, 51 Hounds Gate, Nottingham ,NG1 6BB
£39,995

Our Summary

  • Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply

Description

This self-contained studio is a luxury option for students at Nottingham University, located within walking distance to local amenities. The property includes an en-suite shower room, bed, fitted kitchen, and study area, and is part of a development with shared gym, cinema room, common room, and laundry facilities. The studio is only available for cash buyers as a non-mortgagable investment property, with a gross yield of 19.8% and net yield of 7.27%. Nottingham is a thriving student city with a population of over 54,000 students, and the property is close to both The University of Nottingham and Nottingham Trent University. The city offers a unique blend of heritage and modernity, with cultural hotspots and references to famous figures such as Robin Hood and Lord Byron.
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