Overview

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 from just £130 per week, to spacious deluxe apartments.

Investment Highlights

• Invest from just £40,800
• Net rental yields of up to 7.5%
• Fully managed, hands-free investment opportunity
• Leading student management company in place
• Close proximity to city centre shops and restaurants
• 250 Year Lease
• Dual occupancies permitted 

Unit Breakdown - Studio 1.29

Studio 1.29 - £40,800 - 1st Floor

• Tenanted at £162.50 per week for 44 weeks 
• Gross rental - £7,150.00
• Service charge - £2,994.00
• Management fee - £943.80 11.0% plus vat (Xenia Lettings)
• Ground Rent £150 (241 Year Lease Remaining)
• Net rental - £3,062.20
• Net Yield - 7.5%

Price range:

Studio Apartments £40,800

Payment Plan:

Reserve your unit with a signed reservation form

Provide certified ID, proof of address and proof of funds 

Pay a £2,000 non-refundable reservation fee

ClicPad Fee 5% 

Remaining balance due on exchange completed ready project