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Our Summary
- An exceptional opportunity to invest in The Laceworks, a fully operational, purpose-built student accommodation (PBSA) development in the heart of Nottingham
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Description
This exceptional investment opportunity presents a fully operational student accommodation development, The Laceworks, located in the heart of Nottingham, within walking distance of Nottingham Trent University and the University of Nottingham. The 222 studio apartments feature high-specification design, with private en-suite shower rooms, bespoke kitchens, and distinct living, sleeping, and study areas. The property is sold with a tenant in situ, generating an annual rental income of £9,412, and is fully compliant for the rental market.
The building boasts impressive amenities, including a hotel-style reception, on-site gym, private dining room, communal kitchen, and social areas, as well as secure storage, laundry facilities, and 24/7 security.