Studio flat for sale

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Studio flat for sale

Avalon Court, Nottingham NG1 3LP
£45,000

Our Summary

  • 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

Description

Avalon Court is a popular student accommodation development in Nottingham, offering luxury homes with private study areas, communal facilities like a games room, cinema room, and gymnasium. The property is managed and let by Fortis Student Living, ensuring a hassle-free experience for investors. The property is currently tenanted, providing immediate income, and is expected to maintain market-leading tenancy rates due to the high demand for student accommodation in Nottingham. The financial breakdown shows a gross yield of 18.14% and a net yield of 8.1%, making it an attractive investment opportunity for cash buyers. However, please note that the property is not eligible for a mortgage and can only be purchased with cash.
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