Maid Marian House presents a great cash investment opportunity in the heart of Nottingham, a bustling student city.
This self-contained premium studio with extra space includes an en-suite shower room, double bed, fitted kitchen and study area. The development also boasts its own gym, cinema room, common room, and laundry facilities; making it the perfect luxury option for students to work and play.
This apartment is currently tenanted and is let and managed by an experienced letting agent.
Within walking distance to local amenities, bars, and clubs, Maid Marian House is a brilliant community for those studying at Nottingham University.
The latest edition of Private Finance’s buy-to-let (btl) hotspots analysis reveals that Nottingham has moved up from second position for the best area to invest following a £121 increase in average monthly rents. If that is not proof enough house prices in the area have also increased by 25% in the last 5 years! (Zoopla - September 2018) making now a great time to join in the investment band wagon in Nottingham.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Gross rent: £5,808 Ground rent: £295 Service charge: £1,756 Lettings fees: £799 Net income: £2,958 Gross yield: 11.62% Net yield: 5.92%
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.
Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.
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.
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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.