Earn instant income on this already-tenanted investment opportunity! Cash buyers only!
Yieldit are pleased to bring to the market this excellent studio apartment in Bard House, Nottingham.
The apartment is let and managed by a professional letting agency on behalf of the investor, ensuring a smooth service which benefits the tenant and the landlord.
Bard House is located right on the doorstep of Nottingham Trent University, making it a brilliant position for students. The development offers students a fantastic modern living space as well as outstanding communal facilities such as an onsite gymnasium, common room, entertainment suite and courtyard.
Nottingham is a busy city, home to a state-of-the-art tram system and extensive bus service, making it extremely popular with the tenants. Bard 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 has 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 Bard House. Call today to avoid disappointment!
Please note: The images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £7,590
Ground rent: £150
Service charge: £3,881
Lettings fees: £1,002
Net income: £2,557
Gross yield: 19.97%
Net yield: 6.73%
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-07100
