Hounds Gate, Nottingham, NG1

- PROPERTY TYPE
Studio
- SIZE
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Key features
- Prime city-centre location with proven rental demand
- Outstanding net yield (9.2%)
- Fully managed - ideal for hands-off investors
- Walking distance of shops, restaurants, and key transport links
- Long lease
Description
£35,000 | Leasehold (Approx. 240 years remaining)
Outstanding net yield (9.2%)
An exceptional opportunity to acquire a high-yielding city-centre studio apartment at a highly competitive price point, ideally positioned in the heart of Nottingham and perfectly suited to investors seeking strong cash flow.
Located within Maid Marian House, the property benefits from immediate access to Nottingham's extensive amenities, nightlife, and transport links, making it a consistently popular choice for both students and young professionals.
The apartment is offered with a long lease of approximately 240 years remaining and is professionally managed, providing a hands-off investment option.
Investment Overview
Based on a rental income of £182.50 per week over 48 weeks (£8,760 per annum):
Net Yield: 9.2% (after management, service charge, and ground rent)
Annual Costs:
Lettings & management (11% + VAT): £1,156.32
Service charge: £4,080.84
Ground rent: £295
Net Income: £3,227.84 per annum
This represents a rare opportunity to secure strong net yield, significantly outperforming many traditional buy-to-let investments.
Location & Tenant Demand
Nottingham remains one of the UK's strongest student rental markets, driven by two major universities Nottingham Trent University and University of Nottingham.
The central location ensures consistent demand from students, postgraduates, and young professionals, with the convenience of being within walking distance of shops, restaurants, and key transport links. Residents of Maid Marian House benefit from a range of on-site amenities designed to enhance tenant appeal and retention, including a fully equipped residents' gym, dedicated study areas, and communal social spaces, all within a secure, controlled-access development. The building is professionally managed and offers a safe, community-focused environment, making it particularly attractive to students and young professionals seeking convenience and lifestyle as well as accommodation.
Why This is a Strong Investment
Outstanding net yield (9.2%)
Low entry price (£35,000)
Fully managed - ideal for hands-off investors
Prime city-centre location with proven rental demand
Long lease (approx. 240 years remaining)
While service charges are higher (typical for city-centre developments), the exceptional rental income and low purchase price combine to deliver a highly attractive net return.
Summary
A high-performing, income-generating asset in a prime Nottingham location. This property is ideal for investors seeking strong cash flow, low capital outlay, and a fully managed, turnkey investment in a resilient rental market.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- 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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Hounds Gate, Nottingham, NG1
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Visit our security centre to find out moreDisclaimer - Property reference 214-maidmarian. 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 Pure, Manchester. 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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