Summary - Nerva House Nerva House 513, Spaniel Row, NG1 NG1 6EP
1 bed 1 bath Flat
High-yield student investment close to Nottingham universities and transport links.
Purpose-built student studio with open-plan kitchen/bedroom
A compact studio apartment in Nerva House, positioned for student rental demand close to Nottingham Trent University and the University of Nottingham. The building houses over 150 students and offers on-site facilities including a gym, laundry and communal lounges, helping maintain steady occupancy through term times.
The flat is open-plan with a fitted kitchen and a three-piece bathroom, designed for low-maintenance student living. With an advertised potential annual rent of £9,600 on a £60,000 purchase price, the property shows a high gross yield (circa 16%), making it attractive to investors seeking strong headline returns.
Buyers should note this is a leasehold studio (250-year lease from 2013) with an above-average service charge of about £3,300 per year and a small ground rent of £150. The wider location is an urban, multicultural student neighbourhood with high local crime rates and area deprivation — factors that affect long-term capital growth and management needs.
This unit suits buyers focused on rental income rather than long-term owner-occupier comfort. It offers straightforward lettings potential but also requires active management and a clear understanding of service charges, the communal student market and local safety considerations.
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