Studio for sale in Nottingham NG1, 0 Bedroom

We are pleased to offer this great investment opportunity in the heart of Nottingham.

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.

Located in Maid Marian House which is Within walking distance to local amenities, bars, and clubs, Maid Marian House is a brilliant community for those studying at Nottingham University.

This apartment is currently tenanted and is let and managed by an experienced letting agent.

Nottingham is known as the economic capital of the East Midlands with an economy of £12bn and growing, featuring extensive tram routes and is the home to 2 world leading universities, making the city a perfect place to invest.

Financial Breakdown

Gross rent: £6,490
Ground rent: £250
Service charge: £2,030
Lettings fees: £295
Net income: £3,915
Gross yield: 9.44%
Net yield: 5.69%

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-12537