Spaniel Row, Nottingham NG1 1 bed flat for sale

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Spaniel Row, Nottingham NG1 1 bed flat for sale

Spaniel Row, Nottingham NG1
£53,000

Our Summary

  • Investor cash buyers only

Description

This studio apartment is a lucrative investment opportunity in Nottingham, offering an immediate return with a tenancy already secured for the 2025/26 academic year. The property is situated in Minerva House, a modern student scheme with a strong demand for rentals. The studio features an open-plan layout, fitted kitchenette, study area, wardrobe storage, and en-suite shower room, providing everything a student tenant needs. The property benefits from a private gym, laundry facilities, and bicycle storage, enhancing occupancy levels and achievable rents. With a sale price of £53,000 and a gross yield of 18.57%, this investment is expected to generate a net yield of 12.25%. The property's location, near Nottingham Trent University and Old Market Square, makes it an attractive option for students.