Maid Marian House, 56 Hounds Gate, Nottingham, NG1 6BH
£35,000 | Leasehold (Approx. 240 years remaining)
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 a 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)
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. 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.
Get in touch with the team
