Studio Flat For Sale £42,000
Bard House, 14-22 Shakespeare Street, Nottingham NG1
previous price £46,000

Bard House is a converted former university building right on the doorstep of Nottingham Trent University and is a very popular student accommodation. The University of Nottingham is home to over 27,000 students and Nottingham Trent University has over 22,000. Almost 80% of these students cannot be accommodated by student halls on campus meaning that they have to look for other options, such as Bard House.

At Bard House, students can enjoy a modern living space as well as fantastic communal facilities such as the onsite gymnasium, entertainment suite, common room and courtyard.

Nottingham itself is a busy city and is very popular thanks to the great shops and nightlife with many places to eat and drink. The city also has a great tram system and bus service making it easy to travel around.

The apartment is let and manged by a professional lettings agency on behalf of the investor, ensuring a smooth service which benefits both the tenant and the landlord.

This would be a brilliant addition to any investment portfolio so enquire today so as not to miss this great opportunity!

Financial Breakdown

Gross rent: £6,930
Ground rent: £150
Service charge: £2,489
Lettings fees: £915
Net income: £3,376
Gross yield: 15.07%
Net yield: 7.34%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-14405