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Halley House, 35-37 Hounds Gate, Nottingham, NG1 7AD

Key features

  • Excellent investment opportunity
  • Hands Off Investment
  • Impressive yield
  • Full Management In Place
  • Premium Studio
  • Fully Furnished
  • Popular Development
  • Ideal Location
  • Tenant in Situ
  • Enquire for Video Tour

Description

A well-presented premium studio apartment within the highly sought-after Halley House development, offering an attractive investment opportunity with the flexibility to be operated as either a short-term let or a long-term residential rental. The projected figures are illustrative of a long-term tenancy at £700 PCM, based on continuous occupancy throughout the year.

Halley House is a premium development catering to students, working professionals, and short-term stay guests, ideally positioned in the heart of Nottingham city centre. Designed to offer a boutique living experience, the development features stylish communal areas, a modern residents' gymnasium, and excellent on-site facilities. Its central location provides easy access to Nottingham's universities, extensive transport links, and the city's vibrant selection of bars, restaurants, shops, and entertainment venues.

Nottingham continues to be one of the UK's strongest locations for property investment, supported by a large and growing student population from both the University of Nottingham and Nottingham Trent University. The city benefits from consistently strong rental demand, comparatively affordable property prices, and significant ongoing regeneration, all of which contribute to excellent long-term growth prospects. Combined with the flexibility of the accommodation and the development's prime location, Halley House represents an appealing, high-yield investment opportunity.

Please note this property may fall within a selective licensing area, where additional licensing requirements and charges may apply.

In line with the Renters' Rights reforms, student tenancies are expected to be let on periodic agreements rather than fixed-term contracts. The rental figures provided are illustrative only and assume a full year's occupancy under a long-term tenancy. Actual income may vary depending on occupancy levels, tenancy type, and market conditions. Please enquire for further information.

Financial Breakdown

Gross Rent: £8,400.00
Net income: £4,571.88
Gross yield: 25.07%
Net yield: 13.65%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08611
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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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Halley House, 35-37 Hounds Gate, Nottingham, NG1 7AD

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Affordability

Monthly repayments£168
Property: £ 33,500
Deposit: £ 3,350
Interest rate: 5.33%
Term: 30 years
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Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

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Disclaimer - Property reference YL-08611. 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 yieldit, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.