Minerva House, Spaniel Row, Nottingham, Nottinghamshire, NG1 6EP
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
334 sq ft
31 sq m
Key features
- 1-Bedroom Self-Contained Studio 334 sq ft (approx.)
- Tenanted @ £800 pcm (£9,600 pa) from 1 Sept 2025 – 30 Aug 2026
- Amenities: on-site gym, communal laundry, secure fob entry and lift
- Tenure: long 240-year lease remaining
- Cash purchase only
- All utilities included within the rent apart from any council-tax liability.
- City Centre Location, Close to Universities, Shops, Transport Links, Cafes
Description
Immediate return, tenancy already secured for the 2025/26 academic year, eliminating initial void risk.
Sale Price: £60,000
Rent / Year @£800/month (agreed): £9,600 per year
Gross Yield/ Return%: 14.77%
Service Fee (incl All): £3,300
Ground Rent / Annum: £150
Total Expenses: £3,450
Net Rent: £6,150
Net Yield / Return%: 10.25%
Property Overview
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.
Large windows maximise natural light while quality fixtures ensure durability between tenancies. Residents also benefit from use of the building’s private gym, convenient laundry facilities and bicycle storage, enhancing both occupancy levels and achievable rents.
Next Steps
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.
Brochures
Minerva House, Spaniel Row, Nottingham, NottinghamBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Minerva House, Spaniel Row, Nottingham, Nottinghamshire, NG1 6EP
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Visit our security centre to find out moreDisclaimer - Property reference 34091141. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Trent Estate Agents, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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