This self-contained studio includes an en-suite shower room, 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. Maid Marian House is a brilliant community for those studying at Nottingham University whilst being within walking distance to Nottingham's many local amenities including high-end shops, restaurants, bars and clubs.
Nottingham is a thriving student city. Home to two of the uk’s most popular universities, Nottingham has a student population in excess of 54,000, with this figure growing every year. Although officially categorised as a city, Nottingham feels like a big town. Whilst enjoying all the amenities that befits its city status, Nottingham has the comfort and peaceful ambience of a town. In keeping with its homely feel, Nottingham has always been proud of its stunning fusion of heritage and history mixed with a modern, cosmopolitan city. Nottingham has an abundance of cultural hotspots, with the city most famous for being home to legendary figure Robin Hood, poet Lord Byron and novelist D.H. Lawrence, there are references to these famous figures all around the city.
Nottingham is the perfect place to invest in student accommodation, home to two large universities, The University of Nottingham is the home to 27,209 students & Nottingham Trent University with 22,070 students. The demand for accommodation such as Maid Marion House is so high as 78.9% of students studying in the Nottingham universities can not be accommodated by student halls on campus, meaning they search for other housing options such as this! There is no denying that the popularity of the development combined with the fantastic returns opportunity is why investors are turning to Nottingham’s student market.
Gross rent: £5,830 Ground rent: £295 Service charge: £1,885 Lettings fees: £700 Net income: £2,951 Gross yield: 10.6% Net yield: 5.36%
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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