0 Bedrooms Studio for sale in Avalon Court, Glasshouse Street, Nottingham NG1 | £ 65,000
Overview
| Price: | £ 65,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Studio |
| County: | Nottingham |
| Town: | Nottingham |
| Postcode: | NG1 |
| Address: | Avalon Court, Glasshouse Street, Nottingham NG1 |
| Bathrooms: | 1 |
| Bedrooms: | 0 |
Property Description
We are pleased to offer this premium studio apartment in Avalon Court, one of the most popular student developments in Nottingham. One of the uk’s busiest student cities, Nottingham has over 62,000 students studying across its two universities so is the perfect location for this boutique student accommodation investment.
The studio is offered fully furnished to a high specification and includes a modern kitchen, ensuite bathroom, study area, and smart TV.
It is perfect for the modern student who seeks a luxury home during their time at university which provides a high quality, private study area as well as outstanding communal facilities such as a games room, cinema room and gymnasium.
Nottingham is a growing all the time as a top UK university destination, and the demand for student accommodation massively outweighs the supply. Avalon Court is perfectly placed to meet this demand, and it is no surprise that it consistently enjoys market-leading tenancy rates. Managed and let by the experienced agent Fortis Student Living, students and investors alike can rest easy in the knowledge that they are in good hands. By purchasing this property, you will enjoy immediate income as the property is currently tenanted – enquire today to avoid disappointment!
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £6,374
Ground rent: £295
Service charge: £2,038
Lettings fees: £574
Net income: £3,468
Gross yield: 9.81%
Net yield: 5.34%
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-12884
Property Location
Property Marketed by Yieldit
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