Studio apartment

Minerva House, Spanial Row, Nottingham, NG1 6EP

Size: 34.6 sqm

Purchase price

£67,000

Size: 34.6 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,950
Ground rent £250
Service charge £1,729
Lettings fees £944
Net income £4,027
Gross yield 10.37%
Net yield 6.01%

TENANTED INVESTMENT OPPORTUNITY 6.4% NET YIELD - New-build student accommodation development in the heart of Nottingham, a prime student city. Tenanted for 2018-19 for immediate returns. Enquire Today!


Nottingham is a known student hub, home to over 55,000 students, but the city is currently facing a chronic undersupply of student accommodation to meet this growing demand.

However, the completion of Minerva House has led to the city of Nottingham benefitting from a prime Purpose-Built Student Accommodation development designed specifically to cater for Nottingham’s large student populace. This development is a stunning five-storey building providing 151 individual luxury studio apartments, each finished and furnished to the highest of standards.

Furthermore, residents of Minerva House are perfectly placed to enjoy a thriving community atmosphere at their new home, thanks to access to a range of bespoke communal facilities, 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 all over Minerva House, so connectivity is always freely accessible for its student residents.

Within walking distance of Nottingham Trent University and only a short bus ride away from the University of Nottingham, students are perfectly placed in the heart of a thriving community, close to all the facilities and amenities they could need, including shops, restaurants and bars.

This is a perfect investment opportunity for any investor. Not only are the area and the development outstanding, this apartment is currently tenanted for immediate investor income.

Interested in this property? Enquire today to recieve further details upon this investment opportunity

Key features

Key features

Tenanted for immediate income

Key features

6.6% NET Yield

Key features

City centre location

Key features

Great local transport links and amenities

Key features

Local university is within easy reach

Key features

Gymnasium

Key features

WIFI

Key features

SKY TV

Key features

Games Room

TENANTED INVESTMENT OPPORTUNITY 6.4% NET YIELD - New-build student accommodation development in the heart of Nottingham, a prime student city. Tenanted for 2018-19 for immediate returns. Enquire Today! More info...

Nottingham is a known student hub, home to over 55,000 students, but the city is currently facing a chronic undersupply of student accommodation to meet this growing demand.

However, the completion of Minerva House has led to the city of Nottingham benefitting from a prime Purpose-Built Student Accommodation development designed specifically to cater for Nottingham’s large student populace. This development is a stunning five-storey building providing 151 individual luxury studio apartments, each finished and furnished to the highest of standards.

Furthermore, residents of Minerva House are perfectly placed to enjoy a thriving community atmosphere at their new home, thanks to access to a range of bespoke communal facilities, 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 all over Minerva House, so connectivity is always freely accessible for its student residents.

Within walking distance of Nottingham Trent University and only a short bus ride away from the University of Nottingham, students are perfectly placed in the heart of a thriving community, close to all the facilities and amenities they could need, including shops, restaurants and bars.

This is a perfect investment opportunity for any investor. Not only are the area and the development outstanding, this apartment is currently tenanted for immediate investor income.

  • Key features
    Tick Desktop Tenanted for immediate income
    Tick Desktop 6.6% NET Yield
    Tick Desktop City centre location
    Tick Desktop Great local transport links and amenities
    Tick Desktop Local university is within easy reach
    Tick Desktop Gymnasium
    Tick Desktop WIFI
    Tick Desktop SKY TV
    Tick Desktop Games Room
  • 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 £6,950
Ground rent £250
Service charge £1,729
Lettings fees £944
Net income £4,027
Gross yield 10.37%
Net yield 6.01%

*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.