Summary - MARCO ISLAND APARTMENT 318 HUNTINGDON STREET NOTTINGHAM NG1 1AP
1 bed 1 bath Apartment
Well-presented city flat with immediate rental income and long lease.
- Current rent £800pcm, approx. 8% gross yield
- One double bedroom; open-plan living and kitchen
- 474 sq ft; EPC rating B
- Leasehold with 128 years remaining
- Service charge approx. £1,128pa; ground rent £161pa
- Heating via electric room heaters (higher running costs)
- Located in cosmopolitan student neighbourhood, many amenities
- Area classified as very deprived; student tenant profile
A compact, modern one-bedroom apartment on Huntingdon Street offering immediate rental income and strong investor appeal. At approximately 474 sq ft with an EPC B and 128 years remaining on the lease, this unit is currently let for £800pcm (around an 8% gross yield), making it suitable for a buy-to-let or a first step on the property ladder for someone wanting a low-entry city asset.
The open-plan living space with integrated appliances, large windows and contemporary fittings creates an easy-to-rent layout popular with students and young professionals. Broadband speeds are fast and mobile signal is excellent, and the building includes a multi-storey roof terrace and city views. Local amenities and transport links are within easy walking distance, supporting demand in this cosmopolitan student neighbourhood.
Practical points to note: heating is by electric room heaters (no communal gas), which can mean higher running costs. The property is leasehold with an average annual service charge of £1,128 and a small ground rent of £161. The area is classified as very deprived and primarily student-focused, which supports consistent rental demand but may not suit buyers seeking a quieter neighbourhood.
Overall, this modern apartment is a straightforward, low-maintenance investment with an established rental return. It will suit investors seeking immediate income or buyers who prioritise location, connectivity and a manageable, well-presented city flat. Some cosmetic maintenance to fittings may be required over time, but the core structure, glazing and insulation are modern and in good order.
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