Studio apartment

Minerva House, Spaniel Row, Nottingham, NG1 6EP

Size: 23 sqm

Purchase price

£55,000

Size: 23 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,930
Ground rent £250
Service charge £2,133
Lettings fees £915
Net income £3,632
Gross yield 12.6%
Net yield 6.60%

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

Minerva House is a fantastic student investment opportunity located 7 minutes from Nottingham Trent University and only 6 minutes away from the train station. Only walking distance to the local amenities, bars and clubs around Nottingham. Minerva House is a brilliant community for those studying at Nottingham University.

This Unit is extra spacious and it includes a fitted kitchen, common room and a double bed. Students will have access to the on-site amenities which include WI-Fi, private residents’ gym, social area and cinema room.

This Premium Studio is currently tenanted and is let and managed by an experienced letting agent.

Minerva House is the perfect for the local student rental market – Let for 22/23 academic year!! enquire now! Incredible NET yields of 6.60%!!

Interested in this property? Enquire today for more information

Key features

Key features

Resident Gym

Key features

Laundry Facilities

Key features

Located in the Heart of Nottingham

Key features

Popular Student Development

Key features

Common Room

Key features

Bike Storage

Key features

Close to University

Minerva House is the perfect for the local student rental market – Let for 22/23 academic year!! enquire now! Incredible NET yields of 6.60%!! More info...

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

Minerva House is a fantastic student investment opportunity located 7 minutes from Nottingham Trent University and only 6 minutes away from the train station. Only walking distance to the local amenities, bars and clubs around Nottingham. Minerva House is a brilliant community for those studying at Nottingham University.

This Unit is extra spacious and it includes a fitted kitchen, common room and a double bed. Students will have access to the on-site amenities which include WI-Fi, private residents’ gym, social area and cinema room.

This Premium Studio is currently tenanted and is let and managed by an experienced letting agent.

  • Key features
    Tick Desktop Resident Gym
    Tick Desktop Laundry Facilities
    Tick Desktop Located in the Heart of Nottingham
    Tick Desktop Popular Student Development
    Tick Desktop Common Room
    Tick Desktop Bike Storage
    Tick Desktop Close to University
  • LocationLocation

*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.

Breakdown
Financial performance*
Gross rent £6,930
Ground rent £250
Service charge £2,133
Lettings fees £915
Net income £3,632
Gross yield 12.6%
Net yield 6.60%

*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.