Features
- Gross Rental Yield 15.7%
- High Specification Studio
- Tenanted and fully compliant
- Immediate Income of £11,169 pa
- Situated between Nottingham's 2 main universities
- All mod cons including on-site gym
- Hugely popular with students
- 20 sq m
- Leasehold
Description
Tenanted 1 bedroom luxury studio apartment in central Nottingham location. This buy-to-let investment is located within a modern and stylish development with high-speed Wi-Fi and an onsite gym. The accommodation can be found on the 7th floor and comprises a living room/bedroom, kitchen, and bathroom. The property benefits from double glazing, gas heating, lift access, concierge, secure building entry, and well kept communal areas. The property is compliant for the rental market with Gas Safety, EICR, and AST.
The property is located within a purpose built student block and is being sold with the tenants in situ as a buy-to-let investment. The current tenancy provides an instant rental income of £11,169pa. The Laceworks is a truly stylish, modern development with high-speed wi-fi throughout the building and excellent social spaces, being surrounded by cafes, restaurants, and bars - perfect for students. The property is located 0.5 miles from the University of Nottingham.