Guide price
£99,999
Studio for saleHigh Road, Beeston, Nottingham NG9
1 bed
1 bath
Added on
About this property
Studio in a purpose-built student building, Beeston
Tram stop opposite, 10 minutes to the University of Nottingham
On-site gym, study areas, laundry and lift
999 year lease, no ground rent
Estimated service charge £1,476 a year
Potential rent £692 to £775 a month: 8.3% to 9.3% gross yield
This studio apartment is in a purpose-built student building on High Road in Beeston, opposite the High Road Central College tram stop. The tram reaches the University of Nottingham in about 10 minutes, with trams roughly every 8 minutes.
The building has a gym, study areas, indoor and outdoor social spaces, on-site laundry and lift access. Floor area and floor level are to be confirmed.
For investors, the University of Nottingham alone has 34,840 students (hesa, 2024/25), and student demand is what this type of building is let to. At £692 to £775 a month, this studio offers a potential gross yield of 8.3% to 9.3% on £99,999. The rent is a projection, not a guaranteed figure.
The lease is 999 years with no ground rent, and the estimated service charge is £1,476 a year.
High Road, Beeston, Nottingham NG9. Tenure: Leasehold. Council tax band: To be confirmed. EPC rating: To be confirmed
Disclaimer
These particulars are for general guidance only and do not form part of any contract or tenancy agreement. Vale & Mercer has not tested any apparatus, equipment, fixtures, fittings or services and cannot confirm they are in working order. All measurements, distances, floor plans and areas are approximate and should not be relied upon when ordering fitted items or carpets. Prospective purchasers and tenants should satisfy themselves, or obtain independent professional verification, of any information provided. All tenancy applicants are subject to referencing and Right to Rent checks in accordance with the Immigration Act 2014, and any deposit taken will be protected in a government-approved scheme within 30 days of receipt, with the Prescribed Information provided in writing. Photographs may include items not included in the sale or tenancy and may be taken using a wide-angle lens
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More information
Tenure
Leasehold (999 years)
Service charge
£1,476 per year
Council tax band
TBC
Ground rent
Ground rent date of next review
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