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Studio flat for sale
Maid Marian, 51 Hounds Gate, Nottingham NG1 6BB
£44,000
Maid Marian, 51 Hounds Gate, Nottingham NG1 6BB
£44,000
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, featuring an en-suite shower room, bed, fitted kitchen, and study area. The development offers a range of amenities, including a gym, cinema room, common room, and laundry facilities. Located in Maid Marian House, the property is within walking distance to local amenities, shops, restaurants, bars, and clubs. Nottingham is a thriving student city with a population of over 54,000 students, and this property offers a gross yield of 18.55% and a net yield of 8.37%. However, please note that this property can only be bought as an investment property and is not eligible for a mortgage, making it a cash buyer only opportunity.