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Property Listing Details

Property details

  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 4 page views

Since listed: 381 page views

Description

This self-contained studio apartment is situated on the 2nd floor of the popular Minerva House student accommodation. The apartment comes fully furnished to the highest standard with a fitted kitchen, study area and en-suite. Residents of Minerva House are perfectly placed to enjoy a thriving community atmosphere at their new home, thanks to access to a range of bespoke communal facilities, including an entertainment lounge (complete with TVs and pool tables), a fully-equipped gymnasium, communal laundry facilities, and secure bicycle storage. In addition, free broadband is offered all over Minerva House, so connectivity is always freely accessible for its student residents.

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 a known student hub, home to over 60,000 students, but the city is currently facing a chronic undersupply of student accommodation to meet this growing demand. However, the completion of Minerva House has led to the city of Nottingham benefitting from a prime Purpose-Built Student Accommodation development designed specifically to cater for Nottingham's large student populace.

Financial Breakdown

Gross rent: £6,270
Ground rent: £150
Service charge: £1,723
Lettings fees: £828
Net income: £3,569
Gross yield: 14.58%
Net yield: 8.3%

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.

Yieldit ref: Yl-13820

Map & Nearby

Local Amenities

  • Nottingham 0.4 miles
  • Netherfield 3.1 miles
  • Stone Soup Academy 0.3 miles
  • St Joseph's School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Nottingham 0.4 miles
  • Netherfield 3.1 miles
  • Stone Soup Academy 0.3 miles
  • St Joseph's School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in NG1:

  • £156,381
  • Price increase

  • £2,563
  • (1.666%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £163,132
  • Properties sold

    103

Rental opportunities

£537 pcm

Recent sales nearby

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Estimated running costs

Based on available 3rd party data

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The Developer

Price history

Sold prices provided by Land Registry
8th Jul 2019 £45,000 First listed

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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.