Studio flat for sale

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Studio flat for sale

Spaniel Row, Nottingham NG1
£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 need apply

Description

This is a self-contained studio apartment located in the popular Minerva House development in Nottingham, within walking distance of Nottingham Trent University and a short bus ride from the University of Nottingham. The apartment is fully furnished to a high standard and features a fitted kitchen, study area, and en-suite bathroom. Residents of Minerva House enjoy a range of communal facilities, including a gym, laundry facilities, and entertainment lounge. The property is ideal for investors, with a gross yield of 19.33% and a net yield of 9.91%. However, please note that this property can only be purchased as an investment property, cash buyers only, and is not eligible for a mortgage due to lease restrictions.
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