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Maid Marian House, Hounds Gate, Nottingham

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

180 sq ft

17 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Strong Rental Return: Producing 11.7% yield.
  • Income From Day One: Tenancy already in place.
  • Established Student Let: Purpose-built development.
  • Prime City Centre Setting: High demand location.
  • Walk to NTU: Ideal for Nottingham Trent students.
  • Secure Entry System: Controlled access development.
  • Excellent Transport Links: Tram, bus and rail nearby.
  • Low Maintenance Unit: Easy to manage investment.
  • Self-Contained Studio: Private en-suite and kitchenette.
  • Consistent Student Demand: Proven occupancy levels.

Description

PROPERTY SUMMARY **Guide Price £40,000 to £45,000** This well presented first floor studio apartment offers an excellent investment opportunity within a purpose-built student development, designed specifically to provide low maintenance, high demand accommodation in a prime city location. With a tenancy in place, it represents a ready-made addition to any investor's portfolio.

The property is currently achieving £120 per week for 39 weeks, producing a net rental yield of 11.7%, demonstrating a strong and established income stream within the student market.

Extending to approximately 16.7 square metres, the layout (as shown on the floor plan) has been thoughtfully arranged to maximise space and practicality. The main studio room is bright and well proportioned, benefitting from two windows allowing for good natural light. The accommodation combines sleeping, study and kitchen facilities within one efficient open-plan space, ideally suited to student living.

The fitted kitchenette comprises a range of modern base and wall units with work surfaces and splashback, along with integrated appliances including a hob, extractor and under-counter fridge. There is ample space for a bed and dedicated study area, ensuring the layout remains functional and comfortable.

The apartment also benefits from its own private en-suite shower room, fitted with a shower enclosure, wash hand basin and WC, finished in a clean and contemporary style.

The wider development provides secure controlled entry along with communal facilities designed to enhance tenant appeal, supporting consistent demand and occupancy.

Being sold with income in place, this studio presents an attractive opportunity for investors seeking a managed student unit offering immediate returns with minimal day-to-day involvement required. 

LOCATION SUMMARY Set in the heart of Nottingham city centre, Maid Marian House enjoys a location that perfectly combines convenience, connectivity and vibrancy. The development is ideally positioned for students, with Nottingham Trent University within comfortable walking distance and easy transport routes to the University of Nottingham, making it a consistently popular choice within the student market.

Everything a tenant could need is close at hand, from supermarkets and high street stores to independent cafés, restaurants and leisure facilities. The city's retail core, nightlife and business district are all nearby, offering an energetic and well-connected lifestyle that continues to drive demand.

Frequent bus and tram services operate close by, ensuring straightforward travel across Nottingham, while the railway station provides access to wider regional and national destinations. With continued investment and regeneration enhancing the city centre, this sought-after setting remains a strong and sustainable base for rental property investment. 

ENTRANCE HALLWAY Secure front door leading into the entrance hallway, providing access to the studio room and en-suite shower room. Finished with wood-effect flooring and neutral décor. 

STUDIO ROOM A bright and well arranged open-plan living space benefitting from a large window allowing for good natural light. The layout has been designed to comfortably accommodate sleeping, study and kitchen facilities within one efficient area, ideal for student living.

The sleeping area features a built-in bed base with integrated storage drawers beneath, positioned to maximise the available floor space.

The fitted kitchenette comprises a range of contemporary base and wall units with contrasting work surfaces and a distinctive tiled splashback. Integrated appliances include an electric hob with extractor over, stainless steel sink with drainer, microwave oven and under-counter fridge.

A dedicated study area is fitted with a desk, drawers and shelving above, creating a practical workspace. Additional wall-mounted shelving provides further storage. The room is finished with wood-effect flooring and modern, neutral décor throughout. 

EN-SUITE SHOWER ROOM Fitted with a shower enclosure, wash hand basin with storage beneath and low level WC. The shower area is tiled with coordinating splashback detailing, complemented by clean, contemporary finishes. 

FREE PROPERTY VALUATION Why Choose Tristram's?

- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.

- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!

What We Offer:

- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.

- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.

- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!

Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality! 

DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you. 
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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Maid Marian House, Hounds Gate, Nottingham

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About Tristrams Sales & Lettings, Nottingham

260-262 Derby Road, Bramcote, Nottingham, NG9 3JN
Industry affiliations:

Tristram's are a forward thinking and pro-active estate agency who pride ourselves on offering honest and accurate advice when it comes to dealing with your potential move. Tristram's are an independent estate agency situated in Bramcote, Nottingham who largely contribute to the growth of the market in all of Nottingham and the surrounding areas. We strive for better marketing, a better service and better results. This is done by constantly reviewing how the market is evolving and what reacts best to these changes. For transparency we advertise our fees for the various marketing packages we offer to suit your individual needs, we understand that all people are different and require different methods, therefore we don't believe there is a one size fits all approach.

We understand that selling a property is not only a financial move but also an emotional one, therefore your potential move is treated with a personal service, the upmost respect and care from start to finish. Our clients reviews can be seen in depth on our Google and Facebook webpages which demonstrates this.

To ensure a stress free move we employ the most effective marketing methods and practices to ensure that we sell your property for the best possible price within a timescale that suits your situation.

We strive for better marketing, a better service and better results. This is done by constantly reviewing how the market is evolving and what reacts best to these changes.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£183
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 101457011341. 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 Tristrams Sales & Lettings, 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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