Studio apartment

Minerva House, Spaniel Row, Nottingham, NG1 6EP

Size: 24.7 sqm

Purchase price

£57,000

Size: 24.7 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £7,650
Ground rent £150
Service charge £2,133
Lettings fees £1,040
Net income £4,326
Gross yield 13.42%
Net yield 7.59%

Brilliant student investment opportunity located in the popular student city of Nottingham - Incredible NET yields of 6.25%!


**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. Within walking distance to local amenities, bars, and clubs, Minerva House is a brilliant community for those studying at Nottingham University.

This Premium Studio is extra spacious and 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 apartment is currently tenanted and is let and managed by an experienced letting agent for a hassle free investment with high returns!

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

Brilliant student investment opportunity located in the popular student city of Nottingham - Incredible NET yields of 6.25%! 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. Within walking distance to local amenities, bars, and clubs, Minerva House is a brilliant community for those studying at Nottingham University.

This Premium Studio is extra spacious and 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 apartment is currently tenanted and is let and managed by an experienced letting agent for a hassle free investment with high returns!

  • 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 £7,650
Ground rent £150
Service charge £2,133
Lettings fees £1,040
Net income £4,326
Gross yield 13.42%
Net yield 7.59%

*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.