Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD
YI

Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD

By yieldit

£ 59,995

Reviews

2 out of 5 stars

yieldit says ..

EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT PROPERTY 6.94% NET! - Suitable for cash buyers only

Property Oracle says ..

This listing presents a studio apartment located in Halley House on Hounds Gate, Nottingham. The property is marketed as a tenanted student investment opportunity. Key features include its central Nottingham location, near Nottingham Trent University, and its existing tenancy, making it attractive for investors seeking rental income. The photos show a modest, clean studio with basic amenities including a compact kitchen and shower room. The property’s appeal relies mainly on its location and the existing tenant. However, the lack of square footage data limits a thorough assessment of the value. The absence of a garden or outdoor space is a noteworthy limitation, typical for city-center studio apartments. Overall, this is a straightforward investment option for cash buyers seeking a potentially profitable student rental property in Nottingham’s city center. The absence of precise details regarding the size and any possible maintenance or refurbishment needs must be considered carefully before purchasing. Potential buyers should arrange a viewing to assess the property’s condition and to fully understand the current lease terms and rental income expectations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
0
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
The Nottingham Trent UniversityHigher Education InstitutionsGood0.55 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding0.64 KM
Nottingham CollegeFurther EducationRequires improvement0.78 KM
Welbeck Primary SchoolCommunity SchoolOutstanding0.79 KM
St Joseph'S SchoolOther Independent School0.87 KM

Images

43HH2024-09-30__13-05-05_IMG_3581.jpg 61HHIMG_3613.Lj7kT.jpg 61HHIMG_3614.C165E.jpg 61HHIMG_3616.6Vy6E.jpg 61HHIMG_3617.9qASk.jpg 61HHIMG_3612.Py3fD.jpg 61HHIMG_3611.ABZVD.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Albert Street £ 000.00 KM
Peck Lane £ 000.00 KM
Newcastle Chambers £ 000.00 KM
Norfolk Place £ 000.00 KM
Queen Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.70 KM
Beeston1625BEE7.16 KM
Bulwell1865BLW7.34 KM
Netherfield6241NET7.92 KM
Carlton6201CTO8.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD £ 50,000BUY6 / 100.00 KM
Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD £ 50,000BUY6 / 100.00 KM
Halley House, 35-37 Hounds Gate, Nottingham, NG1 £ 65,000BUY5 / 100.01 KM
Halley House, 35-37 Hounds Gate, Nottingham, NG1 £ 70,000BUYUnknown0.01 KM
39 Hounds Gate, Nottingham, NG1 £ 220,000BUYUnknown0.03 KM

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