Apartment

51 Hounds Gate, 
Nottingham, 
NG1 6BB
Purchase price
£47,000
  • Tenanted
EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT OPPORTUNITY - CASH BUYERS ONLY! Excellent investment opportunity in the highly sought after Maid Marian House!
  • Financial Performance*
Gross rent
£9,945
Ground rent
£295
Service charge
£4,228
Lettings fees
£1,313
Net income
£4,109
Gross yield
21.16%
Net yield
8.74%
  • Key Features
  • Premium Studio
  • Earn Instant Income
  • 8.74% Net Yield
  • Excellent Location
  • Cash Buyers Only
  • Onsite Gymnasium
  • Great Transport Links
  • Shops, bars and amenities nearby

*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!

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. Maid Marian House is a brilliant community for those studying at Nottingham University, and within walking distance to Nottingham’s many local amenities including shops, restaurants, bars and clubs.

Nottingham is a thriving student city. Home to two of the UK’s most popular universities, Nottingham has a student population in excess of 54,000, with this figure growing every year. Although officially categorised as a city, Nottingham feels like a big town. Whilst enjoying all the amenities that befits its city status, Nottingham has the comfort and peaceful ambience of a town. In keeping with its homely feel, Nottingham has always been proud of its stunning fusion of heritage and history mixed with a modern, cosmopolitan city. Nottingham has an abundance of cultural hotspots. The city is also known for being the home of the legendary figure Robin Hood, poet Lord Byron and novelist D.H. Lawrence – there are references to these famous figures all around the city.

Nottingham is the perfect place to invest in student accommodation, with The University of Nottingham being home to 27,209 students & Nottingham Trent University being home to 22,070 students.

  • Financial Performance *
Gross rent
£9,945
Ground rent
£295
Service charge
£4,228
Lettings fees
£1,313
Net income
£4,109
Gross yield
21.16%
Net yield
8.74%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating