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Minerva House, Nottingham

Development Details

  • Price: N/A
  • Location: Nottingham
  • Region: Nottinghamshire
  • Country: United Kingdom

Highlights

  • Earn up to 8.56% net per annum
  • Fully tenanted for academic year 2017-18
  • Leading student management company in place
  • Minutes walk from city centre and University
  • 100% tenanted since launch in 2015

Enquire about this Development

Information on Minerva House

Perfectly located in the heart of Nottingham city centre, Minerva House is a purpose built student development, recently refurbished to a high standard by one of the UK's leading student management companies.
 
We have three individual student studios (2 x Superior Studios, 1 x Deluxe Studios) for sale, all of which offer an exceptional rate of return to the investor. 
 
Minerva House (Deluxe Studio) - Investment Highlights
Fully tenanted for academic year 2017-18
Estimated ongoing yield of 8.56% net per annum
Fully managed, hands free investment opportunity
Leading student management company in place
Close proximity to city centre shops and restaurants
Cash purchase only
51 weeks x £155 per week = £7,905.00 gross per annum
Minus Lettings Fees = 11%
Minus Service Charge = £1,895.38 per annum
Total Net Income Per Annum = £5,140.45 paid quarterly
 
Minerva House (Superior Studios) - Investment Highlights
Fully tenanted for academic year 2017-18
Estimated ongoing yield of 7.28% net per annum
Fully managed, hands free investment opportunity
Leading student management company in place
Close proximity to city centre shops and restaurants
Cash purchase only
44 weeks x £160 per week = £7,040.00 gross per annum
Minus Lettings Fees = 11%
Minus Service Charge = £1,895.38 per annum
Total Net Income Per Annum = £4,370.22 paid quarterly (7.28% net yield)
 
About Minerva House - Nottingham
Located right around the corner from Nottingham’s shops, bars and restaurants, Minerva House is in a great location for student life. Just a short walk from Nottingham Trent University, and from transport links the students can quickly get to the University of Nottingham.
 
All the apartments in Minerva House include their own kitchen, bathroom and study space. You’ll also get access to the building’s great shared facilities, including an onsite gym, cinema and games room, where we also run regular social events.
 
Minerva House - Communal Facilities
Bills Included
Great Facilities
Free Gym
Cinema Room
Social Events
 
Minerva House - Reservation and Purchase Process
£2,000 reservation fee (fully refundable) 
Balance on completion

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


Contact Us About this Development

Call us on +44 (0)161 337 3890 or Contact Us using the form below

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