1 bed flat

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1 bed flat

Maid Marian House, Hounds Gate, Nottingham NG1
£41,500

Our Summary

  • 27% yield with potential to reach 18

Description

This studio apartment in Nottingham City Centre offers a unique combination of affordability and exceptional rental returns. The property's thoughtfully designed open-plan living and sleeping area, complete with a kitchenette and modern shower room, is complemented by access to exclusive on-site facilities such as a gym, communal lounge, and concierge service. With no ground rent charges, this property provides long-term savings for the owner. Currently tenanted at £175 per week, the property generates an impressive annual income of £8,160, delivering a strong yield of 16.27%. With potential to increase the rental income to £170 per week, the yield could reach 18.06%. This property is an attractive choice for investors, offering a prime location, modern facilities, and excellent rental returns.