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Property Listing Details

Studio for sale

Maid Marian House, Hounds Gate, Nottingham NG1

  • Sold subject to contract
  • Investment

£44,000

Property details

  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 352 page views

Since listed: 1680 page views

Description

Maid Marian House is a premium student development and a fantastic investment opportunity in the heart of Nottingham city centre.

This self-contained studio with extra space includes an en-suite shower room, double 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.

Financial Breakdown

Gross rent: £6,490
Ground rent: £295
Service charge: £2,029
Lettings fees: £623
Net income: £3,543
Gross yield: 14.75%
Net yield: 8.05%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-8558

Map & Nearby

Local Amenities

  • Nottingham 0.4 miles
  • Beeston 3.1 miles
  • Stone Soup Academy 0.4 miles
  • St Joseph's School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Nottingham 0.4 miles
  • Beeston 3.1 miles
  • Stone Soup Academy 0.4 miles
  • St Joseph's School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in NG1:

  • £162,789
  • Price decrease

  • -£4,572
  • (-2.732%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £156,168
  • Properties sold

    105

Rental opportunities

Not known

Recent sales nearby

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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Developer

Price history

Sold prices provided by Land Registry
1st Oct 2019 £44,000 Price reduced by £5,000
16th Sep 2019 £49,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.