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£51,000

(£158/sq. ft)

Studio for sale
Flat 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

Logo of Trent Estate Agents Ltd

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

See all recent sales in NG1

Property descriptions and related information displayed on this page are marketing materials provided by - Trent Estate Agents Ltd. 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 Trent Estate Agents Ltd for full details and further information.