Key Features

  • Mixed Use Site
  • 12 Student Beds above ground floor retail
  • ERV £96,240 per annum
  • Retail let on long lease until 2030
  • Student Beds renting for £135 pp pw on 52 week lease
  • Rented off plan prior to refurb so reversionary rents are closer to £145 pw
  • Close to NG1 and under 10 minutes from NTU campus
  • 8.7% gross yield
  • 2 Universities in the top 20 of the Guardian League Table
  • EPC E & D for Student Flats

Description

Mixed Use site of 12 Student Beds above a retail unit on the outskirts of NG1 and a 10 minute walk from NTU campus Stunning newly renovated student flats rented for £135 pp pw off plan on 52 week lease to produce circa £84k per annum Retail Income on a long lease until 2030 - £12k per annum Gross Yield of 8.7%

Location

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