Studio Flat For Sale £39,950
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.

Studio 1.29 - £39,950 - 1st Floor

• Tenanted at £162.50 per week for 44 weeks
• Gross rental - £7,150.00
• Service charge - £3,441.00
• Management fee - £1,042.00 11.0% plus vat (Xenia Lettings)
• Ground Rent £150 (241 Year Lease Remaining)
• Net rental - £2,616.00
• Net Yield - 6.6%
• Investment Highlights
• Invest from just £39,950
• Net rental yields of up to 6.6%
• 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