£40,000
Studio for saleHalley House, 35 - 37, Hounds Gate, Nottingham NG1
1 bath
1 reception
EPC Rating: C
About this property
11% net Yield
Generate instant income
Popular development
Onsite gymnasium
Close to university
Great location
Excellent transport links
Shops, bars and amenities close by
Full management in place
Well presented student studio
Earn instant income on this hands off tenanted investment yielding 11% net - cash buyers only! A well presented studio apartment in the popular Halley House development.
Halley House is a premium development perfectly located in the centre of Nottingham, suitable for working professionals, students and short term accomodation.
Being situated right in the heart of the city means that students have access to fantastic transport links, as well as all of the bars, restaurants and clubs that are popular with tenants.. Fully managed by an established rental agency, Halley House is a popular choice with both landlords and tenants.
Nottingham is an excellent choice to invest in property due to it's growing student population thanks to it's popular university institutions, the University of Nottingham and Nottingham Trent University.
This property may fall within a selective licensing area where charges may apply.
Financial Breakdown
Gross Rent: £8,100.00
Net income: £4,454.04
Gross yield: 20.25%
Net yield: 11.14%
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-08050
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Tenure
Leasehold (238 years)
Service charge
Council tax band
Ground rent
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