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The Laceworks

Nottingham, United Kingdom

Investment Type: STUDENT

Est. Completion: AVAILABLE

Student Studio

£110,000.00

  • Nottingham city centre location
  • 60,000 full time students in Nottingham
  • Luxury student development
  • £165.00 per week for 51 weeks

The Laceworks - Overview

The Laceworks is a stunning new, high specification student development, perfectly located in the heart of Nottingham city centre, just a short walk from the picturesque River Trent. The Laceworks comprises of a range of stylish studios and two bedroom apartments, all fully furnished with fitted kitchens and modern furnishings throughout. Communal study rooms are available for students to work in larger groups, and a stylish cinema and games room cater for the students seeking relaxation and down time.

The Laceworks - Investment Highlights
Gross Rental Income for 2022-23: £165 p/w x 51 weeks = £8,415.00 gross
Lettings Fee: £336.30 per annum
Service Charge: £1,733.69 per annum
Ground Rent: £350.00 per annum
Proposed Net Rental Return: £5,995.31 per annum

Please Note - An application for tenancy for the academic year 2022-23 for this student unit is currently being processed. The tenancy figures above have been provided by the management company and are based on the proposed new tenancy. Service charges for 2022-23 have not been published as yet.

The Laceworks - Student Property Management
The Laceworks is fully managed by StudentFM, one of the leading providers of block management and lettings for student developments in the UK.

The Laceworks - Key Points

Location

Location

Nottingham, United Kingdom

Price

Price

£110,000.00

Development Availability

PropertySizeBedroomsPriceEnquire
Student Studio20.0 square metres-£110,000.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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