Halley House, 35-37 Hounds Gate, Nottingham, NG1
MR

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

By Mr Investa Ltd

£ 65,000

Reviews

2 out of 5 stars

Mr Investa Ltd says ..

8% NET YIELD!! TENANCY CONFIRMED FOR 2024/25 ACADEMIC YEAR!! TENANTED CASH INVESTMENT PROPERTY - FULLY FURNISHED LARGE DELUXE STUDIO! PHOTOS, FLOORPLAN & 360 VIRTUAL TOUR OF ACTUAL PROPERTY. Halley House offers premium student living in the heart of Nottingham city centre, less than 10 minute...

Property Oracle says ..

This property is a studio apartment located in Halley House, Nottingham city centre. It’s ideally situated for students due to its proximity to Nottingham Trent University and other amenities within the vibrant city center. The apartment itself is modern, compact, and fully furnished, suggesting it’s ready for immediate occupancy. The inclusion of shared amenities such as a gym and laundry facilities adds to the appeal. The listing highlights a confirmed tenancy, making it an attractive investment property for cash buyers. However, prospective buyers should be aware that it’s a studio with no private outdoor space. The lack of parking information should also be noted. The provided images illustrate a relatively modern and well-maintained apartment within a larger student accommodation block. The price aligns with similar properties in the area, making it a reasonable option for investors seeking rental income.

The location is a major strength, boasting excellent proximity to educational institutions and Nottingham city centre’s amenities. This is likely to ensure consistent rental demand, making it attractive for investment. The condition of the studio appears to be decent, based on the images, although a lack of detail prevents a complete assessment. The lack of private land and being part of a larger development is a limitation. It’s an investment property suitable for cash buyers focused on a relatively low-risk, high-yield investment, targeting the student rental market in Nottingham. Further due diligence and a physical viewing are advised before any purchase decision.

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
7
Location
8
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
290.63

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 £
Est sale value
106,370.58 £
Increased by 23.65 %
from 86,026.48 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
290.63 £/mo
Unchanged by 0.00 %
from 290.63 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Mr Investa Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
The Nottingham Trent UniversityHigher Education InstitutionsGood0.55 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding0.65 KM
Welbeck Primary SchoolCommunity SchoolOutstanding0.78 KM
Nottingham CollegeFurther EducationRequires improvement0.79 KM
St Joseph'S SchoolOther Independent School0.86 KM

Images

Halley House Deluxe Studio Deluxe Studio Deluxe Studio Ensuite Games Room Gymnasium Laundry Room

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.70 KM
Beeston1625BEE7.15 KM
Bulwell1865BLW7.34 KM
Netherfield6241NET7.93 KM
Carlton6201CTO8.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Halley House, 35-37 Hounds Gate, Nottingham, NG1 £ 65,000BUY5 / 100.00 KM
Halley House, 35-37 Hounds Gate, Nottingham, NG1 £ 70,000BUYUnknown0.01 KM
Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD £ 50,000BUY6 / 100.01 KM
Halley House, 35 - 37, Hounds Gate, Nottingham, NG1 7AD £ 50,000BUY6 / 100.01 KM
39 Hounds Gate, Nottingham, NG1 £ 220,000BUYUnknown0.02 KM

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