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Studio, in Hounds Gate, £35,000
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Studio

Hounds Gate, Nottingham, Nottinghamshire NG1
£35,000

Our Summary

  • We are excited to present an outstanding investment opportunity in the heart of Nottingham—a well-appointed studio apartment currently achieving an impressive net rental return of approximately 11%
  • Currently let until July 2026, this studio apartment offers both immediate rental income and long-term investment potential, making it an ideal choice for investors and those looking for a cosy place to call home

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Description

The property is a 24m² studio apartment located in the heart of Nottingham, with a 3-year lease until July 2026 that achieves a net rental return of approximately 11%. The apartment has a large double-glazed window, electric heater, built-in wardrobe, and a built-in desk. The kitchen features a mixed-style of eye-level and base units, including an inset sink, two-ring electric hob, and microwave, as well as provision for a fridge.

The bathroom has a wash hand basin and a WC. The property has a service charge of £4,207.56 per annum and a ground rent of £0.