£50,000
Studio for saleHalley House, 35 - 37, Hounds Gate, Nottingham NG1
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
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About this property
8.33% Net Yield
Generate instant income
Popular student development
Onsite gymnasium
Close to university
Great location
Excellent transport links
Shops, bars and amenities close by
Halley House, 35 - 37, Hounds Gate, Nottingham, Ng1 7Ad
Earn instant income on this already tenanted student property 8.33% net! - Suitable for cash buyers only
Halley House is a premium private student development perfectly located in the centre of Nottingham. The development offers residents a boutique student experience, with extra amenities on offer including communal space and a modern private gymnasium.
Being situated right in the heart of the city means that students have access to fantastic transport links, as well as all of the bars, restaurants and clubs that are popular with the student intake. Let and managed by primo Property Management, Halley House is a popular choice with both landlords and tenants.
When it comes to the best place to invest in student property, Nottingham is an excellent choice due to it's growing student population thanks to it's popular university institutions, the University of Nottingham and Nottingham Trent University.
This property may fall within a selective licensing area where charges may apply.
Financial Breakdown
Gross Rent: £7,590.00
Net income: £4,166.12
Gross yield: 15.18%
Net yield: 8.33%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07944
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Tenure
Leasehold (238 years)
Service charge
Council tax band
Ground rent
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