1 bed flat for sale

Maid Marian House, Hounds Gate, Nottingham NG1

The property has the potential to achieve approximately £680 pcm based on £160 per week over a 51-week contract, or approximately £614 pcm based on £167.50 per week over a 44-week contract for the next academic year, representing a potential gross rental yield of 18.13% and a net rental yield of 7.15%. These figures highlight the strength of the income profile and underline the apartment's attractive return on investment within the student sector.

This well presented fifth floor studio apartment offers an excellent investment opportunity within a purpose-built student development, designed specifically to provide low maintenance, high demand accommodation in a prime city location. With strong projected returns and consistent tenant demand, it presents a compelling ready-made addition to any investor's portfolio.

Property summary This well presented fifth floor studio apartment offers an excellent investment opportunity within a purpose-built student development, designed specifically to provide low maintenance, high demand accommodation in a prime city location. With strong projected returns and consistent tenant demand, it presents a compelling ready-made addition to any investor's portfolio.

Extending to approximately 15.5 square metres, the layout has been thoughtfully arranged to maximise space and functionality. The main studio room is bright and modern, benefitting from two large windows which allow for plenty of natural light and elevated views across the city. The accommodation combines sleeping, study and kitchen facilities within one efficient open-plan space, making it perfectly suited to student living.

The sleeping area is neatly positioned alongside a fitted kitchenette, which comprises a range of contemporary base and wall units, contrasting work surfaces and a striking tiled splashback. Integrated appliances include a hob, extractor, microwave oven and under-counter fridge, providing everything required for independent living. There is also a dedicated study desk with drawers and shelving above, along with a wall mounted television point, ensuring the space caters for both academic and leisure needs.

The apartment benefits from its own private en-suite shower room, fitted with a shower enclosure, wash hand basin and WC, finished in a clean, modern style with complementary tiling.

The wider development offers a range of attractive on-site amenities including a residents' gym, dedicated social and communal areas, and study spaces, all accessed via secure controlled entry. These facilities enhance the appeal to tenants and contribute to strong occupancy levels, helping to protect future income streams.

The property has the potential to achieve approximately £680 pcm based on £160 per week over a 51-week contract, or approximately £614 pcm based on £167.50 per week over a 44-week contract for the next academic year, representing a potential gross rental yield of 18.13% and a net rental yield of 7.15%. These figures highlight the strength of the income profile and underline the apartment's attractive return on investment within the student sector.

Being sold as an investment property, this studio represents an attractive opportunity for landlords seeking a ready-made student unit within a managed complex, with strong ongoing rental demand, impressive projected yields and minimal day-to-day involvement required.

Location summary Maid Marian House enjoys a superb city-centre setting in the heart of Nottingham, an area that consistently attracts strong interest from both students and investors. Positioned within comfortable reach of Nottingham Trent University and with straightforward transport connections to the University of Nottingham, the location is particularly well suited to the student market. This steady demand underpins reliable occupancy levels and supports long-term rental performance.

Residents benefit from immediate access to an extensive selection of amenities, including supermarkets, independent shops, cafés, bars, restaurants and leisure facilities, all within easy walking distance. Nottingham's main retail core, entertainment venues and business district are also close by, creating a vibrant and convenient environment that appeals to tenants seeking a well-connected urban base.

The property is further enhanced by excellent transport links, with frequent bus and tram services nearby providing simple travel across the city. Nottingham railway station is also easily accessible, offering wider regional and national connections. Combined with ongoing regeneration across the city, the central location continues to reinforce Nottingham's reputation as a strong and sustainable investment destination.

Studio room Accessed directly from the communal fifth floor corridor via a secure entry door, the studio is a bright and well planned open-plan living space designed to maximise functionality. Two large windows provide excellent natural light and elevated views across the surrounding area. The room comfortably accommodates a bed with integrated storage, a bedside unit and fitted shelving, along with a dedicated study desk and drawers. A wall mounted television point and additional shelving create a practical environment suited to both study and relaxation.

Kitchen area Positioned within the main studio space, the fitted kitchenette comprises a range of modern base and wall units with contrasting work surfaces and a distinctive tiled splashback. Integrated appliances include a hob with extractor over, microwave oven and under-counter fridge, together with a stainless steel sink and drainer. The layout is efficiently arranged to provide all essential facilities within a compact footprint.

En-suite shower room Accessed directly from the studio, the en-suite comprises a shower enclosure, wash hand basin with storage beneath and low level WC. Finished in a contemporary style with complementary tiling, it provides a private and low maintenance bathroom space.

Communal facilities The wider development offers a range of attractive on-site amenities including a residents' gym, dedicated social and communal areas, and study spaces, all accessed via secure controlled entry. These facilities enhance the appeal to tenants and contribute to strong occupancy levels, helping to protect future income streams.

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Disclaimer Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.