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Halley House, 35-37 Hounds Gate, Nottingham, NG1

Studio Apartment | Sale

Baths:
1

Details

NOW TENANTED FOR 2023/24!!

HIGH YIELDING TENANTED CASH INVESTMENT PROPERTY - FULLY FURNISHED DELUXE STUDIO!

PHOTOS, FLOORPLAN & 360 VIRTUAL TOUR OF ACTUAL PROPERTY

Halley House offers premium student living in the heart of Nottingham city centre, less than 10 minutes walk from Nottingham Trent University. Luxurious rooms and on-site facilities managed by a professional student block management company.

This beautiful building is in the perfect location for student residents with a variety of shops, restaurants, bars and cafes all on your doorstep. Additionally, Halley House is convenient for all public transport links.

Current Financial Performance For 2022/23 Academic Year Rental Income: £170pw / £7650pa based on a 45 week contract Service Charge: £2,100 per annum Ground Rent: £175 per annum Lettings Fee 11% + VAT: £1,009.80 per annum

NET Income: £4,365.20 NET Yield: 6.5%

Financial Performance For 2023/24 Academic Year Rental Income: £185pw / £8510pa based on a 46 week contract Service Charge: £2,100 per annum Ground Rent: £175 per annum Lettings Fee 11% + VAT: £1,123.32 per annum

NET Income: £5,111.68 NET Yield: 7.6%

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.


Map Details


Realtor

Ryan Hughes

Estate Agent

Contact Ryan