Studio apartment

Minerva House, Spaniel Row, Nottingham, NG1 6EP

Size: 18.19 sqm

Purchase price

£60,000

Size: 18.19 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,270
Ground rent £150
Service charge £1,729
Lettings fees £808
Net income £3,583
Gross yield 10.45%
Net yield 5.97%

PURPOSE BUILT STUDENT ACCOMMODATION WITH A NET YIELD OF 5.97%!! A self-contained studio apartment located close to both of Nottingham's universities!


This self-contained studio apartment is situated on the 3rd floor of the popular Minerva House student accommodation. The apartment comes fully furnished to the highest standard with a fitted kitchen, study area and en-suite. Residents can also enjoy the luxuries of Minerva House’s many social areas such as a cinema room, study room and multiple common rooms as well as a resident’s gym alongside the social evenings that Fortis Student Living frequently hold. It is no surprise that Minerva House is extremely popular amongst students studying in Nottingham!

Minerva House is ideally located within walking distance of Nottingham Trent University and only a short bus ride away from the University of Nottingham which means students are perfectly placed in the heart of a thriving community, close to all the facilities and amenities they could need, including shops, restaurants, cafés and bars.

Nottingham currently has more than 60,000 students, with 25% of the city’s population being 16-24 year olds. Bringing new creative talent and a boost to the economy, these students have consequently increased the demand for Nottingham buy to let property as many of these students choose to remain in Nottingham after their graduation. Now would be a fantastic time to invest in Nottingham’s student accommodation!!

Interested in this property? Enquire today for more information

Key features

Key features

NET yield of 5.97%

Key features

Located close to both universities in Nottingham

Key features

Self-contained studio accommodation

Key features

En-suite

Key features

Communal social areas

Key features

Cinema room

Key features

Resident's gym

Key features

Laundry room

Key features

Bicycle storage

Key features

On-site accommodation team

PURPOSE BUILT STUDENT ACCOMMODATION WITH A NET YIELD OF 5.97%!! A self-contained studio apartment located close to both of Nottingham's universities! More info...

This self-contained studio apartment is situated on the 3rd floor of the popular Minerva House student accommodation. The apartment comes fully furnished to the highest standard with a fitted kitchen, study area and en-suite. Residents can also enjoy the luxuries of Minerva House’s many social areas such as a cinema room, study room and multiple common rooms as well as a resident’s gym alongside the social evenings that Fortis Student Living frequently hold. It is no surprise that Minerva House is extremely popular amongst students studying in Nottingham!

Minerva House is ideally located within walking distance of Nottingham Trent University and only a short bus ride away from the University of Nottingham which means students are perfectly placed in the heart of a thriving community, close to all the facilities and amenities they could need, including shops, restaurants, cafés and bars.

Nottingham currently has more than 60,000 students, with 25% of the city’s population being 16-24 year olds. Bringing new creative talent and a boost to the economy, these students have consequently increased the demand for Nottingham buy to let property as many of these students choose to remain in Nottingham after their graduation. Now would be a fantastic time to invest in Nottingham’s student accommodation!!

  • Key features
    Tick Desktop NET yield of 5.97%
    Tick Desktop Located close to both universities in Nottingham
    Tick Desktop Self-contained studio accommodation
    Tick Desktop En-suite
    Tick Desktop Communal social areas
    Tick Desktop Cinema room
    Tick Desktop Resident's gym
    Tick Desktop Laundry room
    Tick Desktop Bicycle storage
    Tick Desktop On-site accommodation team
  • 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 £6,270
Ground rent £150
Service charge £1,729
Lettings fees £808
Net income £3,583
Gross yield 10.45%
Net yield 5.97%

*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.