Maid Marian House, Hounds Gate, NG1

SUMMARY Discover an exceptional investment opportunity in the heart of Nottingham City Centre! This studio student property, located on the prestigious Maid Marian Way, offers impressive gross returns of 25.23% and net returns of 14.24%.

Positioned for utmost convenience, residents enjoy easy access to a wealth of amenities, including local shops, supermarkets, bars, restaurants, and Nottingham Trent University.

The property features a thoughtfully designed open-plan living area, complete with a functional kitchenette and a contemporary three-piece shower room. Natural light floods the space through uPVC windows, creating a bright and inviting atmosphere. Ample built-in storage adds to the practicality of the layout. Additionally, residents benefit from access to communal facilities, including a spacious communal area and a well-equipped gym.

With its prime location, modern amenities, and promising returns, this property presents an attractive opportunity for investors looking to capitalize on Nottingham's thriving real estate market. 

LEASEHOLD INFORMATION Service Charge (£PA) £4,096
Ground Rent (£PA) £295
Current rent: £840 pcm
Lease: 243 years left 

OPEN PLAN LIVING The open-plan living area is skillfully crafted to integrate kitchen, living, and working spaces, illuminated by abundant natural light streaming through the uPVC windows. Built-in storage is conveniently accessible, enhancing functionality and organisation. 

SHOWER ROOM The easily accessible walk-in shower room features a separate sink basin and a low-level flush WC, offering convenience and comfort. 

FREE PROPERTY VALUATION Why Choose Tristram's?

- Exceptional Service: Experience the difference with Tristram's renowned service. Our dedicated team goes above and beyond to ensure your needs are not just met but exceeded at every turn.

- Rave Reviews: Don't just take our word for it! Explore our glowing reviews on Google, where satisfied clients sing our praises. Discover why Tristram's Sales & Lettings stands out from the crowd!

What We Offer:

- Free Valuation: Gain insights into your property's true value with our complimentary valuation service. Unlock hidden opportunities and maximize your return on investment.

- Expert Advice: Benefit from personalized, expert advice tailored to your unique goals and circumstances. We're here to guide you through every decision, ensuring you're empowered to make the best choices for your property.

- Results-Driven Approach: From strategic marketing to finding the perfect buyer or tenant, Tristram's delivers results that exceed expectations. Let us unleash the full potential of your property and propel you towards your real estate dreams!

Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality! 

DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you. 

SALE METHOD This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a Non Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase
price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.