£ 99,999
Added: 15/01/2025
Profit pa£5,803
ROCE5%
Yield6%
Strategy: Buy to Let
This property is a carefully designed student living quarters, strategically located for maximum convenience and offering a high-yield investment opportunity. It boasts the highest specifications and amenities, including IT-proficient accommodation. Fully furnished and with bills included, it is a completed and tenanted building.
Unique monthly payment plan options are available, with the management fee incorporated into the service charge. The property benefits from full planning approval, a 999-year lease, no ground rent, and underwriting year-on-year for added peace of mind.
Key features:
- High spec modern kitchen
- TVs in communal areas
- State-of-the-art fitness gym facilities
- High-speed Wi-Fi
- Lift Access
- Dedicated study areas
- Bills Inclusive
- Social spaces to enjoy with other residents indoors & outdoors
- Onsite payable laundry service available (price tbc)
- Located right in front of the High Road Central College Tram Stop
- 8-min tram ride to the University of Nottingham
- Trams run every 8 mins.
- All residents receive a free annual tram pass
- Several units for sale
The financials:
▪ Purchase price: £99,999 to £118,999
▪ GDV: £111,498
▪ Annual profit: £5,803
▪ ROCE: 5%
▪ Yield: 6%
Sourced reference: 522529994374228
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
No information supplied.
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