Summary - MARCO ISLAND APARTMENT 735 HUNTINGDON STREET NOTTINGHAM NG1 1AS
1 bed 1 bath Apartment
Turnkey 1-bed buy-to-let with 9.22% net yield and long lease.
7th-floor apartment with panoramic Nottingham city views
Located on the 7th floor of the Marco Island building, this one-bedroom apartment offers clear city panoramas and a ready-made rental income. With a sitting tenant paying £800 pcm, the property currently produces an attractive net yield of 9.22%, making it well suited to buy-to-let investors seeking immediate cashflow.
The apartment features an open-plan living area with a modern fitted kitchen, double glazing and an EPC B rating. The bedroom comfortably fits a double and the three-piece bathroom is functional. The 129-year lease (from the data provided) and average-sized internal area (circa 484 sq ft) give decent medium-term security for a leasehold apartment.
Buyers should note material running costs: service charges average £1,750 per year and ground rent about £472 per year. Heating is fully electric via room heaters rather than gas central heating, which may affect tenant utility costs. The building sits in a cosmopolitan, student-oriented area of NG1; this supports rental demand but can bring higher turnover and local noise.
Overall this is a pragmatic, income-focused opportunity: a modern, low-maintenance apartment with strong rental yield and long lease length, balanced by leasehold costs and the electric heating arrangement. Suitable for investors seeking immediate income and portfolio growth, with straightforward refurbishment potential if reconfiguring finishes between tenancies.
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