£51,000
(£158/sq. ft)
Studio for saleFlat C, Minerva House, Spaniel Row, Nottingham, Nottinghamshire NG1
1 bed
1 bath
1 reception
323 sq. ft
EPC Rating: D
- Leasehold
Trent Estate Agents Ltd
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About this property
Cash Buyer Only
Long Lease 240 years remaining
In City Centre
Close to University
Excellent Transport Links
Bars, Clubs, Shops
Wheelchair accessible
Property Overview
Immediate return, tenancy already secured for the 2025-26 academic year, eliminating initial void risk.
Sale Price: £51,000
Rent per Annum: £9,000 per year
Rent per month: £750 agreed
Gross Yield Return: 17.65%
Service charge including electricity, water and internet bill: £3,200
Ground Rent per Annum: £150
Total Expenses: £3,350
Net Rent: £5,650
Net Yield Return: 11.08%
Situated moments from Old Market Square and Nottingham Trent University, this well-designed studio sits on the first floor of Minerva House, a modern, purpose-built student scheme that consistently attracts strong demand. The open-plan layout incorporates a fitted kitchenette, study area, wardrobe storage and an en-suite shower room, providing everything today’s student tenant requires in a compact, low-maintenance footprint.
Minerva House presents a straightforward, income-producing asset in one of Nottingham’s most dependable rental micro-markets. For a full breakdown of yields, or to arrange a viewing, please contact Trent Estate Agents.
Important note to purchasers: These particulars, although believed to be accurate, are supplied as a general outline for guidance only and do not form any part of an offer or contract. Neither Trent Estate Agents Limited nor the vendor or lessor accepts any responsibility for their accuracy; they are not intended to be statements or representations of fact. Prospective purchasers or lessees must verify the correctness of each detail by inspection, survey or other appropriate means.
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More information
Tenure
Leasehold (240 years)
Service charge
£3,200 per year
Council tax band
B
Ground rent
£150
Ground rent date of next review