Guide price
£60,000
(£180/sq. ft)
1 bed flat for saleMinerva House, Spaniel Row, Nottingham, Nottinghamshire NG1
1 bed
1 bath
334 sq. ft
EPC Rating: C
Leasehold
About this property
1-Bedroom Self-Contained Studio 334 sq ft (approx.)
Tenanted @ £800 pcm (£9,600 pa) from 1 Sept 2025 – 30 Aug 2026
Amenities: On-site gym, communal laundry, secure fob entry and lift
Tenure: Long 240-year lease remaining
Cash purchase only
All utilities included within the rent apart from any council-tax liability.
City Centre Location, Close to Universities, Shops, Transport Links, Cafes
Investment Case:
Immediate return, tenancy already secured for the 2025/26 academic year, eliminating initial void risk.
Sale Price: £60,000
Rent / Year @£800/month (agreed): £9,600 per year
Gross Yield/ Return%: 14.77%
Service Fee (incl All): £3,300
Ground Rent / Annum: £150
Total Expenses: £3,450
Net Rent: £6,150
Net Yield / Return%: 10.25%
Property Overview
Situated moments from Old Market Square and Nottingham Trent University, this well-designed studio sits on the first floor of Minerva House, a modern, purpose-built student scheme that consistently attracts strong demand. The open-plan layout incorporates a fitted kitchenette, study area, wardrobe storage and an en-suite shower room, providing everything today’s student tenant requires in a compact, low-maintenance footprint.
Large windows maximise natural light while quality fixtures ensure durability between tenancies. Residents also benefit from use of the building’s private gym, convenient laundry facilities and bicycle storage, enhancing both occupancy levels and achievable rents.
Next Steps
Minerva House presents a straightforward, income-producing asset in one of Nottingham’s most dependable rental micro-markets. For a full breakdown of yields, or to arrange a viewing, please contact Trent Estate Agents.
Important note to purchasers: These particulars, although believed to be accurate, are supplied as a general outline for guidance only and do not form any part of an offer or contract. Neither Trent Estate Agents Limited nor the vendor or lessor accepts any responsibility for their accuracy; they are not intended to be statements or representations of fact. Prospective purchasers or lessees must verify the correctness of each detail by inspection, survey or other appropriate means.
Immediate return, tenancy already secured for the 2025/26 academic year, eliminating initial void risk.
Sale Price: £60,000
Rent / Year @£800/month (agreed): £9,600 per year
Gross Yield/ Return%: 14.77%
Service Fee (incl All): £3,300
Ground Rent / Annum: £150
Total Expenses: £3,450
Net Rent: £6,150
Net Yield / Return%: 10.25%
Property Overview
Situated moments from Old Market Square and Nottingham Trent University, this well-designed studio sits on the first floor of Minerva House, a modern, purpose-built student scheme that consistently attracts strong demand. The open-plan layout incorporates a fitted kitchenette, study area, wardrobe storage and an en-suite shower room, providing everything today’s student tenant requires in a compact, low-maintenance footprint.
Large windows maximise natural light while quality fixtures ensure durability between tenancies. Residents also benefit from use of the building’s private gym, convenient laundry facilities and bicycle storage, enhancing both occupancy levels and achievable rents.
Next Steps
Minerva House presents a straightforward, income-producing asset in one of Nottingham’s most dependable rental micro-markets. For a full breakdown of yields, or to arrange a viewing, please contact Trent Estate Agents.
Important note to purchasers: These particulars, although believed to be accurate, are supplied as a general outline for guidance only and do not form any part of an offer or contract. Neither Trent Estate Agents Limited nor the vendor or lessor accepts any responsibility for their accuracy; they are not intended to be statements or representations of fact. Prospective purchasers or lessees must verify the correctness of each detail by inspection, survey or other appropriate means.
More information
Tenure
Leasehold (240 years)
Service charge
£3,330 per year
Council tax band
B
Ground rent
£149
Ground rent date of next review
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