Studio Flat For Sale £40,800
Spaniel Row, Nottingham NG1

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.

Investment Highlights

Invest from just £40,800

Net rental yields of up to 7.5%

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

Unit Financial Breakdown - Studio 1.29

Studio 1.29 - £40,800 - 1st Floor

Tenanted at £162.50 per week for 44 weeks

Gross rental - £7,150.00

Service charge - £2,994.00

Management fee - £943.80 11.0% plus vat (Xenia Lettings)

Ground Rent £150 (241 Year Lease Remaining)

Net rental - £3,062.20

Net Yield - 7.5%

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