Regency Suites, Russell Street 1 bed apartment for sale

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Regency Suites, Russell Street 1 bed apartment for sale

Regency Suites, Russell Street
£49,999

Our Summary

  • Cash Buyers Only
  • Ideal Investment Opportunity

Description

This studio suite is available for investment in the Trivelles Short Stay Serviced Accommodation Complex, offering a 12% yield. The property features a charming open-plan studio area with exposed brickwork, large windows, and a kitchenette with modern appliances. The suite also includes a wardrobe, desk, and chair, as well as a double bed and en-suite shower room with walk-in shower enclosure. The property is located on the fringe of the City Centre, within walking distance of amenities and close to Nottingham Trent University's City Centre campus. On-road parking is available, and the property has achieved an income of £9,607.10 for the 2022 calendar year, with a management company retaining 10% of the income and a service charge of approximately £1,180 per annum.