Hounds Gate, Nottingham, Nottinghamshire, NG1 6BH

Offers Over £30,000

We are excited to present to the open market this fantastic investment opportunity, a well-appointed studio apartment that promises an impressive rental return of approximately 10.33%. Perfectly suited for cash buyers, this 15m² property is ideally positioned at the heart of Nottingham, allowing for easy access to both universities, making it an attractive option for students seeking accommodation. With its open-plan design and modern amenities, this apartment has the potential to become a reliable source of passive income.

As you step into the apartment, you are greeted by an open living space that is cleverly designed to maximise functionality. It comfortably accommodates a single bed, a desk, and a built-in wardrobe, making it an ideal environment for studying or unwinding after a long day. A double-glazed window floods the space with natural light while offering an electric heater for those cooler evenings, ensuring comfort throughout the year. 

The kitchen area is equipped with both eye-level and base units, providing ample storage space for all your culinary needs. Featuring an inset sink, a two-ring electric hob, and a built-in combination microwave oven, the kitchen is as practical as it is stylish. An integrated fridge adds to the convenience, allowing for quick meal preparation and easy entertaining. 

The apartment also boasts a sleek three-piece bathroom, complete with a walk-in shower, a vanity unit, and a WC paired with a modern wash hand basin. This well-designed suite ensures that residents have everything they need for comfort and convenience.

Investors will appreciate that the property has been successfully rented out through the current agents and is exclusively available for student accommodation, making it an ideal hands-off investment for the right buyer. With its central location in Nottingham, this apartment not only offers great rental potential but also puts residents within easy reach of a vibrant community and essential amenities.

This opportunity for a high-yield investment in a prime location is not to be missed! Jet into action and seize this chance to add a valuable asset to your portfolio.

General Information:
Tenure: Freehold. Local Authority: Nottingham City Council. The agency website indicates Tax band: B. Energy Rating: C. Ground Rent £590.00 PA. We have been advised there is a rising ground rent - speak with our office for more information. Service Charge £3,023.90 PA. Lease is 250 years from 1 January 2015

Ben Sales, HomeMove Nottinghamshire:
Ben joined the HomeMove Group as an independent Partner Agent in 2020, bringing over a decade of Estate Agency experience in Nottingham. Since then, Ben has become a well established independent agent in the Nottingham property market, building a strong and trusted presence in his local community. In 2025, HomeMove Nottingham was proudly recognised as the ESTAS Winner For 'Best Agent in NG1' postcode. If you’re planning a move within Nottinghamshire, reach out to Ben for expert guidance. 

* When you make an offer on a property, we are required by law to carry out ID and Financial verification checks. As part of this we will need to see documents including Proof of ID, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15 per buyer.  HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.