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 two individual student studios for sale, both of which offer an exceptional rate of return to the investor.
Minerva House (Superior Studios) - Investment Highlights
Fully tenanted for academic year Sep 2018 - July 2019
Estimated ongoing yield of 6.8% net per annum
Fully managed, hands free investment opportunity
Leading student management company in place
Close proximity to city centre shops and restaurants
44 weeks x £152.50 per week = £6710.00 gross per annum
Minus Lettings Fees = 11%
Minus Service Charge = £1,895.38 per annum
Total Net Income Per Annum = £4,076.90 paid quarterly (6.8% 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
Minerva House - Reservation and Purchase Process
£2,000 reservation fee (fully refundable)
Balance on completion