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1 bedroom flat for sale
513, Spaniel Row, NG1
£60,000
513, Spaniel Row, NG1
£60,000
Our Summary
- Call now to secure this great investment opportunity
- STUDENT INVESTMENT OPPORTUNITY
Description
Walton & Allen presents a studio apartment in the heart of Nottingham City Centre, specifically designed for student accommodation in Minerva House. The property offers a potential annual income of £9,600, yielding 16% gross. The studio room features an open-plan layout with a fully fitted kitchen, double-glazed window, and bathroom with a three-piece suite. The property is part of Minerva House, which provides accommodation to over 150 students annually, with excellent access to Nottingham Trent University and The University of Nottingham. The building offers additional facilities, including laundry facilities, a gym, and communal lounge and living spaces. With a 250-year lease from 2013, a service charge of £3,300 per annum, and ground rent of £150 per annum, this property is an attractive investment opportunity for any buyer.