Unit 3-32 Minerva House, Spaniel Row, Nottingham NG1 6EP
Asking Price: £50,000
Net Yield: 10.2%
Property Information
Located on Spaniel Row and just 1 minute’s walk from Nottingham’s Old Market Square, students at Minerva House have the city centre on their door-step. The building is ideal for students studying at either of the cities’ universities; The University of Nottingham’s main campus is just 15 minutes away via tram and Nottingham Trent University is a 12-minute walk away. Minerva House is home to 158 students each year, offering a range of studios including budget-friendly single-bed studios, to spacious deluxe apartments.
Studio Unit 3 – 32 – £50,000
- Tenanted at £180 per week from 29/08/2025 – 28/08/2026
- Gross rental – £9,360 per annum
- Service charge – £3,109.22
- Management fee – £19.44 per week
- Ground Rent £150 (241 Year Lease Remaining)
- Net rental – £5,089.90
- Net Yield -10.2%
- Letting Agent – Xenia
- Facilities Management – Student FM
Investment Highlights
- Invest from just £50,000
- Net rental yields of up to 10.2%
- Fully managed, hands-free investment opportunity
- Leading student management company in place
- Close proximity to city centre shops and restaurants
- 250 Year Lease
- Dual occupancies permitted
Get in touch with the team
