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Maid Marian House Student Studio

AVAILABLE
Nottingham United Kingdom
Starting £46,000

Overview

Perfectly located in the heart of Nottingham city centre, Maid Marian House is one of Nottingham's leading student developments. Less than 15 minutes walk from the main campus of Nottingham Trent University, and a 15-minute tram journey from the main campus of the University of Nottingham, Maid Marian House has proven hugely popular with both UK and overseas students in recent years.


The development itself is home to 102 student studios, ranging from budget-friendly single-bed studios, up to spacious superior studio apartments.


Investment Highlights: 

Nottingham is home to over 65,000 full-time students 

Two major universities in the city 

Leading student management company in place


Financials - Unit 5.14

Gross rental income: 46 weeks x £167.50 = £7,705.00 per annum 

Minus lettings of £1,017.50 (11% plus VAT)

Minus service charge of £3,394.29 per annum

Ground rent of £295.00 per annum 

£2,998.21 net rental income or 6.5% net


Price range:

Studio apartment £46,000

Completed


Payment Plan

Complete a reservation from to secure the unit and provide Certified

ID, Proof of Address & Proof of Funds.

Pay a £2,000 non-refundable reservation fee

ClicPad broker fee 5%

Solicitors instructed

Balance due on completion (less reservation fee paid)

Amenities

Risk management & compliance, when approached strategically, have the potential

  • Nottingham city centre
  • Leading student developments
  • 15 minutes walk from the main campus of Nottingham Trent University
  • hugely popular with both UK and overseas students
  • Rental income or 6.5% net

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