Studio apartment

Minerva House, Spaniel Row, NG1 6EP

Size: sqm

Purchase price

£52,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,490
Ground rent £150
Service charge £2,127
Lettings fees £856
Net income £3,357
Gross yield 12.48%
Net yield 6.45%

Yieldit are delighted to introduce a selection of self-contained studio apartments in the popular development Minerva House. The apartments come fully furnished to the highest standard with a fitted kitchen, study area and en-suite. Residents of Minerva House can enjoy a thriving community atmosphere in their new home thanks to the range of bespoke communal facilities in the building, 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 population.

Nottingham is a busy city, host to a state-of-the-art tram system and extensive bus service, meaning it is extremely popular with the tenants – making Minerva House a great option for investors looking for a good 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? Take a look at the financial projections below based on a ground floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.

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

EARN INSTANT INCOME ON THESE ALREADY TENANTED INVESTMENT OPPORTUNITIES - CASH BUYERS ONLY! Self-contained student accommodation close to both of Nottingham's universities in an exceptionally sought after development - fully let for 21/22 academic year!

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Multiple units available

Key features

Exceptional rental history

Key features

Fully let for 21/22 academic year

Key features

Fantastic onsite facilities

Key features

Hands off investment opportunity

Key features

Self-contained studios

Key features

Universities within easy reach

Key features

Fantastic transport links

Key features

Vibrant university city

EARN INSTANT INCOME ON THESE ALREADY TENANTED INVESTMENT OPPORTUNITIES - CASH BUYERS ONLY! Self-contained student accommodation close to both of Nottingham's universities in an exceptionally sought after development - fully let for 21/22 academic year! More info...

Yieldit are delighted to introduce a selection of self-contained studio apartments in the popular development Minerva House. The apartments come fully furnished to the highest standard with a fitted kitchen, study area and en-suite. Residents of Minerva House can enjoy a thriving community atmosphere in their new home thanks to the range of bespoke communal facilities in the building, 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 population.

Nottingham is a busy city, host to a state-of-the-art tram system and extensive bus service, meaning it is extremely popular with the tenants – making Minerva House a great option for investors looking for a good 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? Take a look at the financial projections below based on a ground floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.

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

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Multiple units available
    Tick Desktop Exceptional rental history
    Tick Desktop Fully let for 21/22 academic year
    Tick Desktop Fantastic onsite facilities
    Tick Desktop Hands off investment opportunity
    Tick Desktop Self-contained studios
    Tick Desktop Universities within easy reach
    Tick Desktop Fantastic transport links
    Tick Desktop Vibrant university city
  • 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 £6,490
Ground rent £150
Service charge £2,127
Lettings fees £856
Net income £3,357
Gross yield 12.48%
Net yield 6.45%

*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.