Summary - Hounds Gate, Nottingham, Nottinghamshire, NG1 NG1 6BH
1 bed 1 bath Flat
Immediate rental income from a compact city-centre studio aimed at investors.
- Buy-to-let studio producing £8,400 gross per year
- Tenant currently in situ and paying rent consistently
- 115 years remaining on the leasehold
- Sold to cash buyers only
- Small studio with low ceilings and limited natural light
- City-centre location with excellent amenities and transport links
- Local area recorded as very high crime — check insurance costs
- Property described as generally in good condition, minimal immediate works
A compact studio flat in central Nottingham, offered as a buy-to-let with a sitting tenant and immediate income. The home comprises a combined lounge/bedroom, modern kitchen and a three-piece bathroom; the interior is described in good condition and suitable for letting without major works.
The property currently produces a gross annual income of £8,400 and is sold at a low entry price, making it a straightforward addition for investors seeking yield in a student-and-professional neighbourhood. The long lease (115 years remaining) provides tenure security for landlords, and a Let Property Pack is available for detailed investment information.
Important practical points: the building sits in a city-centre area with very high local crime statistics, which may affect tenant profiles and insurance costs. The studio is small with low ceilings and limited natural light, and the sale is available to cash buyers only. Buyers should budget for typical city-centre maintenance and confirm all tenancy details and costs from the Let Property Pack before purchase.
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