Student Residence in Nottingham, Nottinghamshire, UK

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Student Residence in Nottingham, Nottinghamshire, UK

5,384,000 €
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  • Yield
    6.2%
Details
Property parameters
  • Total premises: 20
  • 4-floor building
Tenants
  • Fully let
  • End of lease: 2028

Student residence with commercial space on the ground floor in Nottingham.

Description

Four-story historical building:

  • 20 student apartments: 18 studios and 2 one-room apartments. All apartments were completely renovated in 2018 and are equipped with kitchen and bathroom;
  • commercial space on the ground and basement floors of the building

Tenure: Freehold.

Financial performance

The gross yield is 6.2%.

Tenants

All student apartments are fully rented annually.

The tenant of the commercial space is a bank with over 1000 branches in the UK. The lease was concluded until 2028.

Location and nearby infrastructure

The building is located in Nottingham. Nottingham is a historic city and regional capital of the East Midlands.

Nottingham Trent University is located in the immediate vicinity of the property, as well as a shopping center, public transportation, numerous shops and cafes.

More properties

If this ad doesn't suit you, have a look at the other student accommodation for sale in Nottingham.

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