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Guide price

£53,000

(£182/sq. ft)

1 bed flat for sale
Flat A, Minerva House, Spaniel Row, Nottingham, Nottinghamshire NG1

    • 1 bed

    • 1 bath

    • 291 sq. ft

  • EPC Rating: C

Leasehold
Reduced on 30/10/2025

About this property

  • 1-Bedroom City Centre Deluxe Super Studio Flat

  • Tenanted, £820 pcm (£9,840 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

  • Close to shops and cafes

  • All utilities included apart from any council-tax liability

  • Cash buyers only

  • Popular Development

  • Wheelchair accessible

Property Overview

investment case:
Immediate return, tenancy already secured for the 2025-26 academic year, eliminating initial void risk.
Sale Price: £53,000
Rent per annum: £9,840 per year (£820 month agreed)
Gross Yield Return: 18.57%
Service Fee: £3,200
Ground Rent per Annum: £150
Total Expenses: £3,350
Net Rent: £6,490
Net Yield Return: 12.25%

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 step

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.

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Monthly repayment

£265 per month

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More information

  • Tenure

    Leasehold (240 years)

  • Service charge

    £3,200 per year

  • Council tax band

    B

  • Ground rent

    £150

  • Ground rent date of next review

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Trent Estate Agents Ltd

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