Summary - Flat 504, Minerva House, Spaniel Row NG1 6EP
1 bed 1 bath Studio
**Standout Features:**
- Excellent yield above 10% NET; opportunities for passive income
- Fully furnished, modern studio apartment with kitchenette and ensuite
- Great location within walking distance to Nottingham Trent University and close to the city center
- Communal amenities: entertainment lounge, gymnasium, and secure bicycle storage
- Friendly, multicultural neighborhood with vibrant local culture
**Potential Downsides:**
- Small size may not suit everyone; designed for compact urban living
- Cash buyers only; not eligible for mortgage due to investment status
- Area with a high crime rate; potential investors should be aware
- Property may be within a selective licensing area with potential fees
This self-contained deluxe studio apartment in the sought-after Minerva House offers a fantastic investment opportunity with a gross yield of 18.48% and a net yield of 9.39%. Perfectly tailored for the burgeoning student population in Nottingham, it is strategically located near both Nottingham Trent University and the University of Nottingham, making it a desirable living space for students seeking convenient accommodations.
Residents can enjoy a modern living arrangement complete with en-suite bathroom and kitchenette, plus access to top-notch communal facilities including a lounge with TVs and pool tables, a fully equipped gym, and secure bicycle storage. With vibrant amenities at your doorstep, including diverse dining options and nightlife, this property holds significant appeal for investors looking to capitalize on the high rental demand in this multicultural neighborhood.
However, potential buyers should consider that the studio’s compact nature may not suit everyone, and being cash-only limits accessibility for some. Additionally, the area’s high crime rate and selective licensing fees should be evaluated carefully. Don’t miss this chance to own a piece of Nottingham’s booming rental market while enjoying exceptional returns on your investment.
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