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Studio flat for sale
Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD
£55,000
Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD
£55,000
Our Summary
- - Suitable for cash buyers only
Description
This studio apartment in Nottingham's Halley House development is an excellent investment opportunity for cash buyers, offering an instant net income of 7.34%. The property is already tenanted and managed by PRIMO Property Management, providing a hassle-free investment experience. Located in the heart of the city, the property benefits from excellent transport links, bars, restaurants, and clubs, making it a popular choice with students. The University of Nottingham and Nottingham Trent University are nearby, contributing to the city's growing student population. The property yields a gross income of £7,590 and a net income of £4,037, with a gross yield of 13.8% and a net yield of 7.34%.