Hounds Gate

For Sale: 37 Hounds Gate, Nottingham, NG1 7AB

Asking Price: £195,000
Current Rental Income: £1,250pcm (£15,000 per annum)
Ground Rent: £300 per annum
Service Charges: £1,294 per annum
Lease: 250 years from January 2017

Investment Opportunity

This stunning 2-bedroom, 2-bathroom apartment in the highly sought-after Hounds Gate Court presents an ideal investment opportunity. Sold with sitting tenants, the property is currently achieving a rental income of £1,250 per calendar month, offering immediate returns for the discerning investor.

Net Annual Income:

• Rental income: £15,000
• Less ground rent: £300
• Less service charges: £1,294
  Net income: £13,406

Potential Annual Income:

• Comparable rental properties – CLICK HERE
• Rental income: £1,375pcm (£16,500 per annum)
• Less ground rent: £300
• Less service charges: £1,294
  Net income: £14,906 (7.6% net yield)

Yield Calculation:

• Net Yield: 6.88% based on asking price of £195,000

This makes 37 Hounds Gate a strong addition to any property portfolio, combining a high-quality build with excellent rental returns in a prime Nottingham location.

Property Features

• 2 double bedrooms, master with en-suite
• Family bathroom
• Spacious living/dining area, filled with natural light
• Luxury fitted kitchen with appliances
• Neutral tones and stylish furnishings throughout
• Contemporary design and modern finish

Additional Information

• Lease: 250-year lease from January 2017
• Ground Rent: £300 per annum
• Service Charges: £1,294 per annum

Hounds Gate Court is a sought-after development, offering stylish, contemporary apartments in a prime central Nottingham location, popular with professionals and students alike.

With a long lease, attractive rental income, and sitting tenants, this apartment represents a secure and immediate investment return.

Let Pure Investor Take The Strain …..

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.

✅ Fully managed lettings and property management service

✅ Comprehensive coverage throughout England and Wales

✅ One team, one fee across your full portfolio

✅ Rental income protection available

✅ Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

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