Studio for sale
Bard House, 14-22 Shakespeare Street, Nottingham NG1
- Investment
£62,500
Property Listing Details
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Property details
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Last 30 days: 89 page views
Description
**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!
Bard House is located right on the doorstep of Nottingham Trent University, making it a brilliant position for students. The development offers students a fantastic modern living space as well as outstanding communal facilities such as an onsite gymnasium, common room, entertainment suite and courtyard.
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.
Nottingham is a busy city, host to a state-of-the-art tram system and an extensive bus service, making it extremely popular with the tenants. Bard House is a clear option for investors looking for a firm return. The University of Nottingham is the home to 27,209 students & Nottingham Trent University: With 22,070 students. With such a high student population, 78.9% of students cannot be accommodated by student halls on campus, meaning they search for other housing options such as Bard House. Call today to avoid disappointment!
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £8,925
Ground rent: £250
Service charge: £2,637
Lettings fees: £1,178
Net income: £4,860
Gross yield: 14.28%
Net yield: 7.78%
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-14650
Bard House is located right on the doorstep of Nottingham Trent University, making it a brilliant position for students. The development offers students a fantastic modern living space as well as outstanding communal facilities such as an onsite gymnasium, common room, entertainment suite and courtyard.
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.
Nottingham is a busy city, host to a state-of-the-art tram system and an extensive bus service, making it extremely popular with the tenants. Bard House is a clear option for investors looking for a firm return. The University of Nottingham is the home to 27,209 students & Nottingham Trent University: With 22,070 students. With such a high student population, 78.9% of students cannot be accommodated by student halls on campus, meaning they search for other housing options such as Bard House. Call today to avoid disappointment!
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £8,925
Ground rent: £250
Service charge: £2,637
Lettings fees: £1,178
Net income: £4,860
Gross yield: 14.28%
Net yield: 7.78%
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-14650
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Map & Nearby
Local Amenities
- Nottingham 0.8 miles
- Netherfield 3 miles
- Huntingdon Academy 0.4 miles
- St Joseph's School 0.4 miles
Market stats
Sale activity
Average estimated value for a flat in NG1:
- £181,907
-
Price increase
- £10,235
- (5.962%)
- Over the last 12 months
In the last 12 months
-
Average sale price
£162,916 -
Properties sold
49
Rental opportunities
£732 pcmRecent sales nearby
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16th Oct 2020
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5th Oct 2020
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2nd Sep 2020
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Estimated running costs
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The Developer
Price history
Sold prices provided by Land Registry
18th Aug 2020
£62,500
Price increased by £5,500
10th Feb 2020
£57,000
Price reduced by £8,000
10th Jan 2020
£65,000
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.
