Studio for sale

£74,995 (£269/sq. ft)

Maid Marian Way, Nottingham NG1

Studio for sale 1 279 sq. ft*
Interested in this property? Call +44 20 8022 7495 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Double glazing
  • Fully tenanted
  • Fully complete
  • High rental demand
  • Private gymnasium for tenants
  • Cinema room
  • Fully let and managed by Fortis Lettings and Management Ltd
  • Fantastic growth potential

Property description

Maid Marian House comprises of 51 rooms of high quality accommodation. Facilities include a gymnasium, cinema room, top of the range communal rooms, entertainment lounge, laundry and secure bike storage. Located within a 5 min walk of Nottingham Trent University and a short bus ride from Nottingham University, this development will be very popular.

Its ideal location caters to all students who want to live in the heart of the thriving city with Maid Marian House just minutes away from shops, restaurants and bars.

Nottingham has a distinct lack of pbsa, which has resulted in a high demand. Maid Marian House has been fully occupied since its completion in May 2016.
Floorplan(s): Floorplan 1

View original

Property value data/graphs for NG1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £369,381 £130 4.6 £482,500
Semi-detached £285,398 £117 4.0 £212,333
Terraced £186,516 £177 3.5 £175,050
Flats £155,032 £236 1.7 £162,981

Current asking prices in NG1

Average: £294,751
Avg. current asking prices in NG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £650,000
(1)
£225,000
(2)
-
Flats £101,050
(93)
£179,037
(64)
£265,000
(3)
£675,000
(1)
-
All £101,050
(93)
£179,037
(64)
£361,250
(4)
£375,000
(3)
-

Current asking rents in NG1

Average: £1,032 pcm
Avg. current asking prices in NG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £466 pcm
(2)
£1,248 pcm
(1)
- £1,306 pcm
(3)
-
Flats £662 pcm
(24)
£1,062 pcm
(43)
£1,699 pcm
(1)
£3,267 pcm
(3)
-
All £646 pcm
(26)
£1,066 pcm
(44)
£1,699 pcm
(1)
£2,286 pcm
(6)
-

Fun facts for NG1

Highest value in NG1
Highest value streets Zed-Index
Park Terrace £558,892
Standard Hill £252,245
The Ropewalk £245,021
Commerce Square £239,939
Addison Street £236,471
Highest turnover in NG1
Highest turnover streets Turnover
Beck Street 50.0%
Derby Street 46.5%
Commerce Square 46.3%
Ristes Place 43.3%
Upper College Street 41.2%

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Flambard Williams, CM2 on +44 20 8022 7495 * (local rate)

Monthly running costs Beta

£478 Monthly total

Home Insurance

Contents value up to £75,000 Average insurance cost £6/mo (£66/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £17 Electricity £26 Estimated energy cost £43/mo

Similar properties could save up to £167

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5900 kWh/year
Electricity: 1700 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Nottingham

Estimated tax band A Council tax cost £123 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £11 Sewerage £9 Estimated water cost £20 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Flambard Williams about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Flambard Williams, and do not constitute property particulars. Please contact Flambard Williams for full details and further information. The Running Costs data displayed on this page are provided by Homes24 to give an indication of potential running costs based on various data sources. Homes24 does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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