GUIDE PRICE £60,000 – £70,000 WALTON & ALLEN are delighted to offer this STRESS FREE INVESTMENT OPPORTUNITY comprising a FULLY MANAGED STUDENT APARTMENT which is LET AGREED for 2019/2020 and gives a 9.86 GROSS/ 5.82 NET RETURN. The property is a SHORT WALK from Nottingham Trent University and benefits from an on-site gym. Call now to view!
Studio Room5.44m x 2.00m (17’10 x 6’7 )Fitted with a matching range of base and eye level units with worktop space over, sink with mixer tap, fitted electric oven, electric hob with extractor hood over, double glazed window to rear aspect, storage cupboard.
Shower RoomFitted with three piece suite comprising shower cubicle, wash hand basin and WC tiled splashbacks.
GeneralThe property benefits from lift access and use of the on-site gym and cinema room.
Investment DetailsLease: 250 years from 4/12/15
Service Charge: £1727.16 p/a
Ground Rent: £295 p/a
Annual Rent 2019/2020: £6412.50
Management Fee: 8% + VAT
Gross Yield: 9.86%
Net Yield: 5.82%
Viewing 24 hrs NoticeTo arrange a viewing on this property please contact our Sales Team at Walton & Allen on Nottingham (0115) 9243304. Please note 24hrs notice is usually required on this property.
DisclaimerWalton & Allen, their clients and any joint agents give notice that 1: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Walton & Allen s have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Property to sell?If you are selling a property, or even considering selling, Walton & Allen estate agents would be delighted to visit your property to offer a FREE PROPERTY VALUATION. We are a family run, fully independent estate agent. CALL US TODAY on 0115 9243304.
Note: The pin shows the centre of the property's postcode, and does not pinpoint the exact address