Studio flat for sale

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Studio flat for sale

Queens Road, Nottingham, NG2
£74,995

Our Summary

  • An exceptional opportunity to invest in The Laceworks, a fully operational, purpose-built student accommodation (PBSA) development in the heart of Nottingham

Description

This exceptional investment opportunity is a fully operational, purpose-built student accommodation development in the heart of Nottingham, offering 222 high-specification studio apartments. The modern design features private en-suite shower rooms, bespoke kitchens, and distinct living, sleeping, and study zones. With high-speed Wi-Fi and all utilities included, the property generates an annual rental income of £9,412, with the tenant currently in situ. The building boasts unrivalled amenities, including a reception area, gym, private dining room, and social spaces, as well as secure access, CCTV, and night officers. The property is fully compliant for the rental market and is being sold with a service charge of £2,563.55 and a leasehold of £350.