Studio Flat For Sale, Spaniel Row, Nottingham NG1

Description

Located on Spaniel Row and just 1 minute's walk from Nottingham’s Old Market Square, students at Minerva House have the city centre on their door-step. The building is ideal for students studying at either of the cities' universities; The University of Nottingham’s main campus is just 15 minutes away via tram and Nottingham Trent University is a 12-minute walk away. Minerva House is home to 158 students each year, offering a range of studios including budget-friendly single-bed studios from just £130 per week, to spacious deluxe apartments.

Unit Breakdown - Studio 1.05
Studio 1.05 - £59,000 - 1st Floor - 21.4 square metres.
Tenanted at £157.50 per week for 44 weeks
Gross rental - £6,930.00
Service charge - £2,994.00
Management fee - £914.00 11.0% plus vat (Xenia Lettings)
Ground Rent £150 (241 Year Lease Remaining)
Net rental - £2,872.00
Net Yield - 4.86%

Investment Highlights
Invest from just £59,000
Net rental yields of up to 4.86%
Fully managed, hands-free investment opportunity
Leading student management company in place
Close proximity to city centre shops and restaurants
250 Year Lease
Dual occupancies permitted
Minerva House, Nottingham - Reservation and Payment Plan

Reserve your unit with a signed reservation form
Provide certified id, proof of address and proof of funds to Pure Investor
Pay a £2,000 non-refundable reservation fee
Remaining balance due on completion

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Studio Flat For Sale £59,000 Spaniel Row, Nottingham NG1

Studio Flat For Sale £59,000
Spaniel Row, Nottingham NG1