1 bedroom Flat for sale,

Spaniel Row, Nottingham, Nottinghamshire, NG1

- **16/01/2025 to 15/04/2025**: £2,475.00

**2. Total Expenses:**

- Total expenses (fees and disbursements): **£3,079.69**

- Fees: £883.59

- Disbursements: £2,196.10 (includes service charges and cleaning)

**3. Net Income:**

- Total net funds: **£3,132.90**

**4. Expenses in Percentage Terms:**

- Total expenses as a percentage of rental income: **50.4%**

(Calculated as £3,079.69 / £6,105.00 × 100)

This overview shows the gross rental income, associated costs, and the resulting net income.

Details

Minerva House - OverviewLocated on Spaniel Row and just 1 minute's walk from Nottingham’s Old Market Square, students at Minerva House have the city centre on their door-step. The building is ideal for students studying at either of the cities' universities; The University of Nottingham’s main campus is just 15 minutes away via tram and Nottingham Trent University is a 12-minute walk away. Minerva House is home to 158 students each year, offering a range of studios including budget-friendly single-bed studios, to spacious deluxe apartments.Investment HighlightsFully managed, hands-free investment opportunityLeading student management company in placeClose proximity to city centre shops and restaurants250 Year Lease

Financials

**1. Rental Income Achieved:**- Total rental income: **£6,105.00**- Breakdown of rental terms: - **06/09/2024 to 15/10/2024**: £1,100.00 - **16/10/2024 to 15/01/2025**: £2,530.00 - **16/01/2025 to 15/04/2025**: £2,475.00 **2. Total Expenses:**- Total expenses (fees and disbursements): **£3,079.69** - Fees: £883.59 - Disbursements: £2,196.10 (includes service charges and cleaning) **3. Net Income:**- Total net funds: **£3,132.90** **4. Expenses in Percentage Terms:**- Total expenses as a percentage of rental income: **50.4%** (Calculated as £3,079.69 / £6,105.00 × 100) This overview shows the gross rental income, associated costs, and the resulting net income.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.