Studio apartment

Minerva House, Spaniel Row, Nottingham, NG1 6EP

Size: 30.3 sqm

Purchase price

£60,000

Size: 30.3 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £7,150
Ground rent £250
Service charge £1,723
Lettings fees £944
Net income £4,233
Gross yield 11.92%
Net yield 7.06%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Self-contained student accommodation close to both of Nottingham's universities


This self-contained studio apartment is situated on the 5th 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 throughout 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

Earn instant income

Key features

Self contained studio apartment

Key features

Fully furnished

Key features

Onsite gymnasium

Key features

Excellent location

Key features

Close to both universities

Key features

Great transport links

Key features

Communal areas

Key features

Shops, bars and amenities nearby

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Self-contained student accommodation close to both of Nottingham's universities More info...

This self-contained studio apartment is situated on the 5th 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 throughout 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 Earn instant income
    Tick Desktop Self contained studio apartment
    Tick Desktop Fully furnished
    Tick Desktop Onsite gymnasium
    Tick Desktop Excellent location
    Tick Desktop Close to both universities
    Tick Desktop Great transport links
    Tick Desktop Communal areas
    Tick Desktop Shops, bars and amenities nearby
  • 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 £7,150
Ground rent £250
Service charge £1,723
Lettings fees £944
Net income £4,233
Gross yield 11.92%
Net yield 7.06%

*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.