1 bed flat for sale

Flat B, Minerva House, Spaniel Row, Nottingham, Nottinghamshire NG1

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: £9,600 per year
Rent per month: £800 agreed
Gross Yield Return: 18.1%
Service charge including electricity, water and internet bill: £3,200
Ground Rent per Annum: £150
Total Expenses: £3,350
Net Rent: £6,250
Net Yield Return: 11.79%

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.