1 bed flat for sale

Maid Marian House, Hounds Gate, Nottingham NG1

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

The property is currently achieving £120 per week for 39 weeks, producing a rental yield of 11.7%, demonstrating a strong and established income stream within the student market.

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

The property is currently achieving £120 per week for 39 weeks, producing a net rental yield of 11.7%, demonstrating a strong and established income stream within the student market.

Extending to approximately 16.7 square metres, the layout (as shown on the floor plan) has been thoughtfully arranged to maximise space and practicality. The main studio room is bright and well proportioned, benefitting from two windows allowing for good natural light. The accommodation combines sleeping, study and kitchen facilities within one efficient open-plan space, ideally suited to student living.

The fitted kitchenette comprises a range of modern base and wall units with work surfaces and splashback, along with integrated appliances including a hob, extractor and under-counter fridge. There is ample space for a bed and dedicated study area, ensuring the layout remains functional and comfortable.

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

The wider development provides secure controlled entry along with communal facilities designed to enhance tenant appeal, supporting consistent demand and occupancy.

Being sold with income in place, this studio presents an attractive opportunity for investors seeking a managed student unit offering immediate returns with minimal day-to-day involvement required.

Location summary Set in the heart of Nottingham city centre, Maid Marian House enjoys a location that perfectly combines convenience, connectivity and vibrancy. The development is ideally positioned for students, with Nottingham Trent University within comfortable walking distance and easy transport routes to the University of Nottingham, making it a consistently popular choice within the student market.

Everything a tenant could need is close at hand, from supermarkets and high street stores to independent cafés, restaurants and leisure facilities. The city's retail core, nightlife and business district are all nearby, offering an energetic and well-connected lifestyle that continues to drive demand.

Frequent bus and tram services operate close by, ensuring straightforward travel across Nottingham, while the railway station provides access to wider regional and national destinations. With continued investment and regeneration enhancing the city centre, this sought-after setting remains a strong and sustainable base for rental property investment.

Entrance hallway Secure front door leading into the entrance hallway, providing access to the studio room and en-suite shower room. Finished with wood-effect flooring and neutral décor.

Studio room A bright and well arranged open-plan living space benefitting from a large window allowing for good natural light. The layout has been designed to comfortably accommodate sleeping, study and kitchen facilities within one efficient area, ideal for student living.

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

The fitted kitchenette comprises a range of contemporary base and wall units with contrasting work surfaces and a distinctive 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 is fitted with a desk, drawers and shelving above, creating a practical workspace. Additional wall-mounted shelving provides further storage. The room is finished with wood-effect flooring and modern, neutral décor throughout.

En-suite shower room Fitted with a shower enclosure, wash hand basin with storage beneath and low level WC. The shower area is tiled with coordinating splashback detailing, complemented by clean, contemporary finishes.

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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.