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Studio flat for sale
Minerva House, Spaniel Row, Nottingham, NG1 6EP
£50,000
Minerva House, Spaniel Row, Nottingham, NG1 6EP
£50,000
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 deluxe studio apartment in Minerva House is a self-contained, fully-furnished property that can only be purchased as an investment property with cash. The apartment features a fitted kitchen, study area, and en-suite, and residents have access to a range of communal facilities, including an entertainment lounge, gym, laundry facilities, and bike storage. Located within walking distance of Nottingham Trent University and a short bus ride from the University of Nottingham, the property benefits from excellent transport links and proximity to the city's bars, restaurants, and clubs. With a high student population in the area, this property is a great option for investors looking for a good return, offering a gross yield of 18.48% and a net yield of 9.39%.