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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

Guide price £47,000 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 Approximately 27 sq m or 291 sq ft Approximately 240 years remaining on the lease Residents’ gym, communal laundry and secure fob entry Passenger lift and bicycle storage Cash buyers only

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
  • Cash purchase only
  • 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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