Studio for sale

Bard House, Nottingham NG1

Bard House, Nottingham

Earn instant income from this already-tenanted investment opportunity - cash buyers only!

Yieldit are pleased to bring to the market this excellent studio apartment at Bard House, Nottingham. Already tenanted and professionally managed by an established letting agency on behalf of the investor, this property offers a convenient, hands-off investment opportunity with rental income in place.

Bard House is ideally located on the doorstep of Nottingham Trent University, making it a highly desirable location for students. The development offers modern accommodation alongside excellent communal facilities, including an on-site gymnasium, common room, entertainment suite and courtyard.

Nottingham is a vibrant and well-connected city, benefiting from an extensive tram network and bus services. With a substantial student population across both Nottingham Trent University and the University of Nottingham, demand for quality student accommodation remains a key feature of the local property market.

The property is currently let at £684.67 per month, providing an established rental income stream. The rental figure is representative of a full year's tenancy. Please enquire for further information regarding the current tenancy and rental arrangements.

Cash buyers only. Contact Yieldit today for further details and to avoid disappointment.

Please note: This property may fall within an area where a Selective Licensing Scheme applies. Buyers should make their own enquiries regarding any applicable licensing requirements.

Financial Breakdown

Gross Rent: £8,216.00
Net income: £2,555.17
Gross yield: 27.39%
Net yield: 8.52%
Please contact agent for full financial breakdown.

Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08646