These 95 student apartments are located at the very heart of Nottingham City centre, just a short walk from over 400 bars, clubs and restaurants. This redeveloped block provides the students with luxury accommodation including a gymnasium, entertainment room and 24 hour CCTV.
Student lets by Fortis Developments are the perfect investment for any investor looking for a total armchair product.
With a purchase price of £64,995 for a premium studio with a NET yield of 8% these luxury student apartments, fully furnished with high end facilities, can bring in an income of up to £5,426PA.
The student renting market is something not many people think of when talking about property investment, however with low entry points and guaranteed high returns, purchasing a student let can be the way forward for landlords wanting a good cash investment.
These blocks of studio flats provide the students of city universities a top quality facility. Often complete with gymnasiums, entertainment rooms and 24 hour CCTV it is no surprise there is a high demand coming from foreign students who are willing to pay the price for this type of accommodation. Best of all, these apartments come as a total armchair product, with many of the developments housing their own concierge service. The yields are very attractive and often guaranteed for the first year.
With less speculative growth, student lets are good income generators for both current or new landlords and could be a great investment to have in your property portfolio.Register your interest
- Premium Studio
- Sale Price: £64,995
- Annual Maintenance Fee: £1,285
- Annual Management Fees: £428.40
- NET Income: £5,426.40
- NET Yield (%): 8%
- Availability: Sold out