Flat for sale

Overview

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply! Maid Marian House presents a great investment opportunity in the heart of Nottingham, a bustling student city. This self-contained studio includes an en-suite shower room, bed, fitted kitchen and study area. The development also boasts its own gym, cinema room, common room, and laundry facilities; making it the perfect luxury option for students to work and play. Within walking distance to local amenities, bars, and clubs, Maid Marian House is a brilliant community for those studying at Nottingham University. This apartment is currently tenanted and is let and managed by an experienced letting agent. Nottingham is the perfect place to invest in student accommodation, home to 2 large universities, The University of Nottingham: is the home to 27,209 students & Nottingham Trent University: with 22,070 students. The demand for accommodation such as Maid Marion House is so high as 78.9% of students studying in the Nottingham universities can not be accommodated by student halls on campus, meaning they search for other housing options such as this! No denying that the popularity of the development combined with the fantastic returns opportunity is why investors are turning to Nottingham's student market. Please note: Images shown are of a show apartment and may not be representative of the property for sale.Financial BreakdownGross Rent: £8,910.00Net income: £3,344.45Gross yield: 19.16%Net yield: 7.19%Please contact agent for full financial breakdown.IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.yieldit ref: YL-07704 For more details and to contact: https://realtyww.info/flats_hounds-gate-d372280/for-sale_i70766284

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