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Maid Marian House, Maid Marian Way, Nottingham, NG1 6BJ

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Description

Maid Marian House presents a great investment opportunity in the heart of Nottingham, a bustling student city.

This self-contained studio includes an en suite shower room, bed, fitted kitchen and study area. The development also boasts it’s own gym, cinema room, common room, and laundry facilities; making it the perfect luxury option for students to work and play.

Key Features

  • Common Room
  • Laundry Facilities
  • Onsite Management
  • Cycle Storage
  • Gymnasium
  • Central Location

Within walking distance to local amenities, bars, and clubs, Maid Marian House is a brilliant community for those studying at Nottingham University.

This apartment is currently tenanted and is let and managed by an experienced letting agent.

Financial Breakdown

Guaranteed Rental of £5199.6*

p/a until August 2018

*** 8.64% NET Return***

*On a purchase price of £62,500

Lease

250 Years from 2016 Ground Rent £295 p/a

*Please note these figures are an estimate as provided by the vendor and Management Company.

This investment is suitable for cash buyers and is let and managed by a professional letting company on the investor’s behalf.

Please note there are only two units currently available at Maid Marian House, and are guaranteed to sell soon - so enquire today and make sure you don’t miss out on this fantastic opportunity.

Specification

Prices range from:

£62,500 - £72,500

Number of units available:

3

Payment Plan:

Property Price: £62,500 - £75,000
On Reservation: £2,500 (this is fully refundable should the sale not complete)
Balance on Completion

Region:

Nottingham

Build Status:

Tenanted

Maid Marian House floor plan
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