Studio apartment

Minerva House, Nottingham, NG1 6EP

Size: 20.24 sqm

Purchase price

£52,500

Size: 20.24 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,885
Ground rent £150
Service charge £1,723
Lettings fees £790
Net income £4,222
Gross yield 13.11%
Net yield 8.04%

8.04% NET YIELD - AN AMAZING INVESTMENT OPPORTUNITY - BOOKING FOR 19/20 STUDENT TERM! Self-contained student accommodation close to both of Nottingham's universities!


This self-contained studio apartment is situated on the 1st 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 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.

Minerva House is ideally located within walking distance of Nottingham Trent University and only a short bus ride away from the University of Nottingham. Being situated right in the heart of the city means that students have access to fantastic transport links, as well as all of the bars, restaurants and clubs that are popular with the student intake.

Nottingham is a busy city, host to a state-of-the-art tram system and an extensive bus service, making it extremely popular with the tenants, Minerva House is a clear option for investors looking for a firm return. The University of Nottingham is home to 27,209 students & Nottingham Trent University is home to a further 22,070 students. With such a high student population, 78.9% of students cannot be accommodated by student halls on campus, meaning they search for other housing options such as Minerva House.

Interested in this property? Enquire today for more information

Key features

Key features

7.68% NET yield

Key features

Self-contained studio accommodation

Key features

En-suite

Key features

Laundry room

Key features

Communal social areas

Key features

Resident's gym

Key features

Cinema room

Key features

Secure bicycle storage

Key features

On-site accommodation team

Key features

Sought after location

8.04% NET YIELD - AN AMAZING INVESTMENT OPPORTUNITY - BOOKING FOR 19/20 STUDENT TERM! Self-contained student accommodation close to both of Nottingham's universities! More info...

This self-contained studio apartment is situated on the 1st 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 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.

Minerva House is ideally located within walking distance of Nottingham Trent University and only a short bus ride away from the University of Nottingham. Being situated right in the heart of the city means that students have access to fantastic transport links, as well as all of the bars, restaurants and clubs that are popular with the student intake.

Nottingham is a busy city, host to a state-of-the-art tram system and an extensive bus service, making it extremely popular with the tenants, Minerva House is a clear option for investors looking for a firm return. The University of Nottingham is home to 27,209 students & Nottingham Trent University is home to a further 22,070 students. With such a high student population, 78.9% of students cannot be accommodated by student halls on campus, meaning they search for other housing options such as Minerva House.

  • Key features
    Tick Desktop 7.68% NET yield
    Tick Desktop Self-contained studio accommodation
    Tick Desktop En-suite
    Tick Desktop Laundry room
    Tick Desktop Communal social areas
    Tick Desktop Resident's gym
    Tick Desktop Cinema room
    Tick Desktop Secure bicycle storage
    Tick Desktop On-site accommodation team
    Tick Desktop Sought after location
  • 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 £6,885
Ground rent £150
Service charge £1,723
Lettings fees £790
Net income £4,222
Gross yield 13.11%
Net yield 8.04%

*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.