Flat for sale
£40,000 /Sale price - Nottingham NG1Details
- Price: £40,000 /Sale price
- Internal Reference No.: 69221129
Overview
Perfectly located in the heart of Nottingham city centre, Maid Marian House is one of Nottingham's leading student developments. Less than 15 minutes walk from the main campus of Nottingham Trent University, and a 15-minute tram journey from the main campus of the University of Nottingham, Maid Marian House has proven hugely popular with both UK and overseas students in recent years. The development itself is home to 102 student studios, ranging from budget-friendly single-bed studios, up to spacious superior studio apartments. Financials - Unit 5.14 Gross rental income: 46 weeks x £167.50 = £7,705.00 per annum Minus lettings of £1,017.50 (11% plus VAT) Minus service charge of £4,095.29 per annum Ground rent of £295.00 per annum £2,298 net rental income or 5.7% net Investment Highlights: Nottingham is home to over 65,000 full-time students Two major universities in the city Leading student management company in place Purchase and Reservation Process: 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 For more details and to contact: https://realtyww.info/flats_nottingham-d196273/for-sale_i69221129Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Amenities
- Home
- Fully Managed and Hands Free Investment Property
- Tenanted at £167.50 per week for new academic year
- Experienced student management company in place
- Net rental yield of 5.7%
- Close proximity to two major universities
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-10, Viewed 4 times.
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