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£47,000
Guide price

1 bed flat for sale Minerva House, Spaniel Row, Nottingham

1 bed 1 bath apartment
Leasehold

Added on 31/08/2026

About this property

Tenanted City-Centre Investment

Trent Estate Agents is pleased to offer this tenanted studio apartment within Minerva House, a purpose-built development in Nottingham city centre. Offered at a guide price of £47,000, the property is currently let at £820 per calendar month, equivalent to £9,840 per annum. The tenancy is secured until 31 August 2027, providing the incoming purchaser with an established rental income and substantially reducing the initial risk of a void period. The sale is subject to the existing tenancy, the terms of which should be verified by the purchaser’s solicitor.

Property type
apartment
Bedrooms
1
Bathrooms
1
Tenure
Leasehold
Council tax band
B

Key features

  • Tenanted investment producing £820 per calendar month
  • Tenancy secured until 31 August 2027
  • Annual rental income of £9,840
  • Gross rental yield of approximately 20.94%
  • Approximately 13.98% return after stated service charge and ground rent
  • Self-contained city-centre studio apartment
  • Amenities: on-site gym, communal laundry, secure fob entry and lift
  • Tenure: long 237-year lease remaining
  • Close to shops and cafes
  • All utilities included apart from any council-tax liability

Location

Minerva House, Spaniel Row, Nottingham

Area insights

The neighbourhood around this property.

Marketed by
Trent Estate Agents
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