Student Accommodation Nottingham

£99,999 to £106,500

Property in UK

Description

  • Completed and fully tenanted for 2 years
  • 162 apartments
  • Cash Buyers or
  • Bespoke monthly payment plan
  • A key tram link directly outside. Tenants have access to onsite facilities as well as a free tram pass.
  • Price £99,999 to £106,500
  • 7.5% NET yield
  • 2-year rental assurance at 7.5%
  • Flexible payment plans from monthly with a 10% initial deposit, to 50% deposit which unlocks half of the rentals which go towards the outstanding balance minimizing the end costs.
  • Around 96,000 Student population with a massive undersupply for accommodation
  • Tenants will benefit from free tram pass Included bills & utilities, and fully furnished apartments.
  • Tram stop directly outside connecting to all the universities including, University of Nottingham and Nottingham Trent University.
  • £1B Regeneration entering Nottingham’s infrastructure + £250m for the Southern gateway remodelling shopping complex and City Hub College Campus.
  • Laundry facilities, Internal Courtyard
  • Payment Structures –
    a)- Cash Purchase
    b)- 10% reservation deposit – 90% paid over 36-month payment plan
    c)- (Achieves Discount) 50% reservation deposit – the remaining 50% paid over 24-month payment plan – This unlocks 50% of the NET rental return which contributes to the outstanding balance each month. Once 75% of the property price has been paid the investor begins receiving 75% of the NET return contribution. This minimizes the payment term and purchase price.

Floor Plans

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