Studio apartment

Maid Marian, Maid Marian Way, Nottingham, NG1 6BJ

Size: 16.6 sqm

Purchase price

£70,000

Size: 16.6 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,375
Ground rent £295
Service charge £1,640
Lettings fees £612
Net income £3,828
Gross yield 9.11%
Net yield 5.47%

Excellent student investment opportunity **let and managed by an experienced letting agent** Let for 2018/19 academic year!


Maid Marian House presents a great investment opportunity in the heart of Nottingham, a bustling student city.

This self-contained studio includes an en-suite shower room, bed, fitted kitchen and study area. The development also boasts its own gym, cinema room, common room, and laundry facilities; making it the perfect luxury option for students to work and play.

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

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

Nottingham is the perfect place to invest in student accommodation, home to 2 large universities, The University of Nottingham: is the home to 27,209 students & Nottingham Trent University: with 22,070 students. The demand for accommodation such as Maid Marion House is so high as 78.9% of students studying in the Nottingham universities can not be accommodated by student halls on campus, meaning they search for other housing options such as this! No denying that the popularity of the development combined with the fantastic returns opportunity is why investors are turning to Nottingham’s student market.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Interested in this property? Enquire today for more information

Key features

Key features

Laundry Faciilties

Key features

Cinema Room

Key features

Resident Gym

Key features

Fitted Kitchen

Key features

Fully Furnished

Key features

En-suite

Excellent student investment opportunity **let and managed by an experienced letting agent** Let for 2018/19 academic year! More info...

Maid Marian House presents a great investment opportunity in the heart of Nottingham, a bustling student city.

This self-contained studio includes an en-suite shower room, bed, fitted kitchen and study area. The development also boasts its own gym, cinema room, common room, and laundry facilities; making it the perfect luxury option for students to work and play.

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

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

Nottingham is the perfect place to invest in student accommodation, home to 2 large universities, The University of Nottingham: is the home to 27,209 students & Nottingham Trent University: with 22,070 students. The demand for accommodation such as Maid Marion House is so high as 78.9% of students studying in the Nottingham universities can not be accommodated by student halls on campus, meaning they search for other housing options such as this! No denying that the popularity of the development combined with the fantastic returns opportunity is why investors are turning to Nottingham’s student market.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.


*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 £6,375
Ground rent £295
Service charge £1,640
Lettings fees £612
Net income £3,828
Gross yield 9.11%
Net yield 5.47%

*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.