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Maid Marian, 51 Hounds Gate, Nottingham NG1 6BB

Key features

  • Premium student accommodation
  • Generate an excellent return from completion
  • Fully furnished
  • Tenanted for the 2024 academic year
  • Studio apartment
  • Kitchenette and ensuite included
  • Popular development
  • Unrivalled onsite amenities
  • Great location
  • Don't miss out and enquire today

Description

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

Maid Marian House presents a great investment opportunity in the heart of Nottingham, a bustling student city.

This self-contained studio includes an en-suite shower room, bed, fitted kitchen and study area. The development also boasts its own gym, cinema room, common room, and laundry facilities; making it the perfect luxury option for students to work and play.

Within walking distance to local amenities, bars, and clubs, Maid Marian House is a brilliant community for those studying at Nottingham University.

This apartment is currently tenanted and is let and managed by an experienced letting agent.

Nottingham is the perfect place to invest in student accommodation, home to 2 large universities, The University of Nottingham: is the home to 27,209 students & Nottingham Trent University: with 22,070 students. The demand for accommodation such as Maid Marion House is so high as 78.9% of students studying in the Nottingham universities can not be accommodated by student halls on campus, meaning they search for other housing options such as this! No denying that the popularity of the development combined with the fantastic returns opportunity is why investors are turning to Nottingham's student market.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross Rent: £8,910.00
Net income: £3,344.45
Gross yield: 19.16%
Net yield: 7.19%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07704

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Maid Marian, 51 Hounds Gate, Nottingham NG1 6BB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Old Market Square Tram Stop0.2 miles
  • Royal Centre Tram Stop0.3 miles
  • Lace Market Tram Stop0.3 miles
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About the agent

yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-07704. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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