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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
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