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Property Listing Details

Property details

  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 191 page views

Since listed: 1624 page views

Description

We are pleased to offer this great investment opportunity in the heart of Nottingham.

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.

Located in Maid Marian House which is 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 known as the economic capital of the East Midlands with an economy of £12bn and growing, featuring extensive tram routes and is the home to 2 world leading universities, making the city a perfect place to invest.

Financial Breakdown

Gross rent: £6,490
Ground rent: £250
Service charge: £2,030
Lettings fees: £857
Net income: £3,353
Gross yield: 12.02%
Net yield: 6.21%

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-12537

You could get

Fast broadband Fast broadband

Up to 17.9 Mbps (Source: Ofcom)

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

See all recent sales in NG1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

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
27th Jun 2019 £54,000 Price reduced by £5,000
3rd May 2019 £59,000 Price reduced by £1,000
21st Feb 2019 £60,000 Price reduced by £2,500
16th Jan 2019 £62,500 Price reduced by £2,500
1st Oct 2018 £65,000 Price reduced by £3,750
11th Sep 2018 £68,750 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.