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Spaniel Row, Nottingham NG1 1 bed flat for sale
Minerva House, Spaniel Row, City Centre, Nottingham, Nottinghamshire NG1
£60,000
Minerva House, Spaniel Row, City Centre, Nottingham, Nottinghamshire NG1
£60,000
Our Summary
- Investor cash buyers only
Description
This investment property is a well-designed studio apartment located in Minerva House, a modern student scheme near Nottingham Trent University and Old Market Square. The property has a tenancy already secured for the 2025/26 academic year, eliminating initial void risk. With a sale price of £60,000, the property generates a gross yield of 16.40% and a net yield of 10.65% after expenses. The property features a compact open-plan layout with a fitted kitchenette, study area, wardrobe storage, and an en-suite shower room. Residents also benefit from use of the building's private gym, laundry facilities, and bicycle storage. The property is a straightforward, income-producing asset in a dependable rental micro-market, making it an attractive investment opportunity for those looking for a hassle-free return.