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