Studio

35 - 37, Hounds Gate,

Nottingham,

NG1 7AD

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Purchase price

£40,000

Tenanted

EARN INSTANT INCOME ON THIS HANDS OFF TENANTED INVESTMENT YIELDING 11% NET - CASH BUYERS ONLY! A well presented studio apartment in the popular Halley House development.

Financial Performance*

Gross rent

£8,100

Ground rent

£350

Service charge

£2,486

Lettings fees

£810

Net income

£4,454

Gross yield

20.77%

Net yield

11.42%

Key Features

11% NET Yield

Generate instant income

Popular development

Onsite gymnasium

Close to university

Great location

Excellent transport links

Shops, bars and amenities close by

Full management in place

Well presented student studio

EARN INSTANT INCOME ON THIS HANDS OFF TENANTED INVESTMENT YIELDING 11% NET – CASH BUYERS ONLY! A well presented studio apartment in the popular Halley House development.

Halley House is a premium development perfectly located in the centre of Nottingham, suitable for working professionals, students and short term accomodation.

Being situated right in the heart of the city means that students have access to fantastic transport links, as well as all of the bars, restaurants and clubs that are popular with tenants.. Fully managed by an established rental agency, Halley House is a popular choice with both landlords and tenants.

Nottingham is an excellent choice to invest in property due to it’s growing student population thanks to it’s popular university institutions, the University of Nottingham and Nottingham Trent University.

This property may fall within a selective licensing area where charges may apply.

Financial Performance *