Studio

Spaniel Row, 
Nottingham, 
NG1 6BF
Purchase price
£40,000
  • Size: 17 sqm
  • Tenanted
GENERATE A LUCRARIVE 10% YIELD ON PREMIUM STUDENT ACCOMODATION - CASH BUYERS ONLY! Self-contained student accommodation close to both of Nottingham's universities.
  • Financial Performance*
Gross rent
£7,905
Ground rent
£150
Service charge
£2,951
Lettings fees
£806
Net income
£3,998
Gross yield
19.76%
Net yield
10.0%
  • Key Features
  • Hands off student investment
  • Generate a high yield from completion
  • Self contained studio apartment
  • Luxury student accommodation
  • Fully furnished
  • Experienced management in place
  • Popular development
  • Fantastic location
  • Ensuite and kitchen included
  • Enquire today for further details

This is a self-contained studio apartment in the incredibly popular development, Minerva House. The apartment comes fully furnished to the highest standard with a fitted kitchen, study area and en-suite. Residents of Minerva House can enjoy a thriving community atmosphere in their new home thanks to the range of bespoke communal facilities in the building, including an entertainment lounge (complete with TVs and pool tables), a fully equipped gymnasium, communal laundry facilities and secure bicycle storage. In addition, free broadband is offered throughout Minerva House, so connectivity is always freely accessible for its student residents.

Minerva House is ideally located within walking distance of Nottingham Trent University and only a short bus ride away from the University of Nottingham. 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 the student population.

Nottingham is a busy city, host to a state-of-the-art tram system and extensive bus service, meaning it is extremely popular with the tenants ‚ making Minerva House a great option for investors looking for a good return. The University of Nottingham is home to 27,209 students & Nottingham Trent University is home to a further 22,070 students. With such a high student population, 78.9% of students cannot be accommodated by student halls on campus, meaning they search for other housing options such as Minerva House.

  • Financial Performance *
Gross rent
£7,905
Ground rent
£150
Lettings fees PA
£806
Service charge
£2,951
Net income
£3,998
Gross yield
19.76%
Net yield
10.0%

Fill in your details below to enquire about property YL-08470
Studio

Spaniel Row, 
Nottingham
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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