Studio flat for sale

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Studio flat for sale

Minerva House, Spaniel Row, Nottingham NG1
£47,000

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

Minerva House is a deluxe studio apartment in a popular development in Nottingham, suitable for cash buyers only. The apartment is fully furnished and features a fitted kitchen, study area, and en-suite bathroom. Residents enjoy access to communal facilities such as an entertainment lounge, gym, laundry facilities, and secure bike storage. The property is located within walking distance of Nottingham Trent University and a short bus ride from the University of Nottingham, with excellent transport links to the city center. With a high student population in the area, this property offers a good return on investment, with a gross yield of 16.6% and a net yield of 7.56%.
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