Bard House is a converted former university building right on the doorstep of Nottingham Trent University, making it the perfect location for tenants. As well as being able to enjoy the modern living space provided by this apartment, residents can also make use of outstanding communal facilities such as a gymnasium, common room and entertainment suite. Nottingham itself hosts a state of the art tram system and an extensive bus service.
For obvious reasons, Bard House is extremely popular with tenants – and that in turn makes it an unbeatable option for investors looking for strong returns and a pool of tenants which is growing every year.
The apartment is let and managed by a professional letting agency on behalf of the investor, ensuring a smooth service which benefits the tenant and the landlord.
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Gross rent: £7,650 Ground rent: £150 Service charge: £3,409 Lettings fees: £1,009 Net income: £3,082 Gross yield: 15.61% Net yield: 6.29%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period. These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.