Standout Features
- Attention Investors
- Student Studio
- Communal Areas Including GYM / LAUNDRY ROOM / COMMON ROOM
- Central Location - Close To NTU
- 15.8% Yield
- Tenants In Situ
Property Description
***ATTENTION INVESTORS - TENANTS IN SITU - 15.8% YIELD!*** Student studio situated in this centrally located development close to NTU. Offering an open plan living and bedroom area, equipped kitchen and en-suite shower room. The development has shared areas including laundry facilities, gym, communal room and social evenings.
ENTRANCE Entrance hallway with wood effect laminate flooring, ceiling light and access to the bathroom, and open plan living areas.
SHOWER ROOM With shower enclosure with a mains fitted mixer bar shower, low flush w.c, pedestal wash hand basin, vinyl floor covering and ceiling light.
OPEN PLAN LIVING AREA 12' 8" x 12' (3.86m x 3.66m) Open plan living area with wood effect flooring, ceiling light, wall mounted electric heater, three secondary glazed windows to the side elevation, double bed, fitted wardrobe and desk. Open plan to the kitchen.
KITCHEN 7' 2" x 4' 5" (2.18m x 1.35m) Kitchen with high and low level units with a rolled edge worktop over with up stand incorporating a stainless steel sink and drainer, integrated electric oven, hob and extractor hood over, fridge with ice box, wood effect flooring and ceiling light.
COMMUNAL AREAS Communal areas include a gym, laundry room, common room and social evenings.
LEASE/TENANCY INFORMATION Rental Income 2023-24 Academic Year: £197.50 per week for 44 weeks/£8,690 for the academic year
Service Charge £3,906.37
Ground Rent £150.00
Leasehold Years 240 Years
ENTRANCE Entrance hallway with wood effect laminate flooring, ceiling light and access to the bathroom, and open plan living areas.
SHOWER ROOM With shower enclosure with a mains fitted mixer bar shower, low flush w.c, pedestal wash hand basin, vinyl floor covering and ceiling light.
OPEN PLAN LIVING AREA 12' 8" x 12' (3.86m x 3.66m) Open plan living area with wood effect flooring, ceiling light, wall mounted electric heater, three secondary glazed windows to the side elevation, double bed, fitted wardrobe and desk. Open plan to the kitchen.
KITCHEN 7' 2" x 4' 5" (2.18m x 1.35m) Kitchen with high and low level units with a rolled edge worktop over with up stand incorporating a stainless steel sink and drainer, integrated electric oven, hob and extractor hood over, fridge with ice box, wood effect flooring and ceiling light.
COMMUNAL AREAS Communal areas include a gym, laundry room, common room and social evenings.
LEASE/TENANCY INFORMATION Rental Income 2023-24 Academic Year: £197.50 per week for 44 weeks/£8,690 for the academic year
Service Charge £3,906.37
Ground Rent £150.00
Leasehold Years 240 Years
Additional Information
Tenure:
Leasehold
Ground Rent:
£150 per year
Service Charge:
£3,906 per year
Mortgage calculator
Calculate your stamp duty
Results
Stamp Duty To Pay:
Effective Rate:
| Tax Band | % | Taxable Sum | Tax |
|---|
Bard House, Shakespeare Street
Struggling to find a property? Get in touch and we'll help you find your ideal property.
Nottingham City
1 Russell Place,
Talbot Street,
Nottingham,
Nottinghamshire,
NG1 5HJ
