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12 bed property, in Addison Street, £950,000
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12 bed semi-detached house

Addison Street, Nottingham NG1
£950,000

Our Summary

  • Fhp Student Living are delighted to present this 12-Bed Student Investment OpportunityPrimary Location for students at Nottingham Trent UniversityFully tenanted for the current academic year
  • Potential for rental uplift and gradual improvements of the schemeGross Yield of 8
  • Fhp Student Living are thrilled to present this excellent Student Investment Opportunity in the Arboretum area, under 0

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Description

The property is located in the Arboretum area, under 0.2 miles from the Nottingham Trent University City Campus. It is a ten-unit student accommodation consisting of 12 double bedrooms, ranging from 8.19 sqm to just over 16 sqm in size. The bedrooms are distributed across four flats, with varying levels of bathroom and shower room facilities.

The property has a gross rental income of £82,000 per year, generating a gross yield of 8.63% and a net yield of 6.52% after bills and expenses are deducted.