1 bed flat for sale

Maid Marian House, Hounds Gate, Nottingham NG1

**Guide Price £40,000 to £45,000** This well presented fourth 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 a tenancy already in place, it represents a ready-made addition to any investor's portfolio.

The property is currently let at £167.50 per week for 44 weeks, generating a strong 18.13% gross rental yield, highlighting the strength of the income profile and the attractive return on investment within the student sector.

Property summary **Guide Price £40,000 to £45,000** This well presented fourth 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 a tenancy already in place, it represents a ready-made addition to any investor's portfolio.

The property is currently let at £167.50 per week for 44 weeks, generating a strong 18.13% gross rental yield, highlighting the strength of the income profile and the attractive return on investment within the student sector.

Extending to approximately 16.2 square metres, the layout (as shown on the floor plan) has been thoughtfully arranged to maximise space and functionality. The main studio room is bright and modern, benefitting from two 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, perfectly suited to student living.

The sleeping area sits alongside a fitted kitchenette comprising contemporary base and wall units, contrasting work surfaces and 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 storage and shelving above, along with a wall mounted television point.

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.

The wider development offers a range of on-site amenities including a residents' gym, social and communal areas, and study spaces, all accessed via secure controlled entry. These facilities enhance tenant appeal and contribute to consistently strong occupancy levels.

Being sold with a tenancy in place, this studio presents an attractive opportunity for investors seeking an established student unit within a managed complex, offering immediate income and strong projected returns.

Location summary Maid Marian House occupies a prime position in the very centre of Nottingham, an area that consistently delivers high levels of tenant demand and investor interest. Within easy reach of Nottingham Trent University and benefiting from direct transport links to the University of Nottingham, the development is ideally placed to serve the city's substantial student population. This strategic positioning supports strong occupancy rates and dependable long-term rental performance.

The surrounding area offers an exceptional range of amenities, with supermarkets, independent retailers, cafés, bars and restaurants all just moments away. Nottingham's principal shopping district, entertainment venues and commercial quarter are also within walking distance, creating a vibrant urban setting that remains highly attractive to tenants.

Excellent public transport connections, including regular bus and tram services, provide convenient travel throughout the city, while Nottingham railway station offers wider regional and national links. Ongoing regeneration across the city centre further strengthens Nottingham's standing as a resilient and appealing investment location.

Entrance hallway Secure front door leading into the entrance hallway, providing access to the studio room and en-suite. The hallway benefits from wood-effect flooring, neutral décor and wall-mounted electric heater.

Studio room A bright and well arranged open-plan living space benefitting from two large windows allowing for excellent natural light and elevated city views. The room is thoughtfully laid out to accommodate sleeping, study and kitchen facilities within one practical space.

The sleeping area features a built-in bed base with integrated storage beneath, positioned to maximise floor space.

The fitted kitchenette comprises a range of contemporary base and wall units with contrasting work surfaces and a striking tiled splashback. Integrated appliances include an electric hob with extractor over, stainless steel sink with drainer, microwave oven and under-counter fridge.

A dedicated study area includes a fitted desk with drawers and shelving above, creating a functional workspace. Additional wall-mounted shelving provides further storage. The room is finished with wood-effect flooring and neutral décor throughout.

En-suite shower room Fitted with a shower enclosure, wash hand basin with storage below and low level WC. The shower area features tiled walls with coordinating splashback detailing, complemented by neutral finishes and contemporary fittings.

Free property valuation Why Choose Tristram's?

- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.

- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!

What We Offer:

- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.

- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.

- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!

Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality!

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.