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1 bedroom apartment for sale
Russell Street, Nottingham NG7
£70,000
Russell Street, Nottingham NG7
£70,000
Price History
Initial price | £80,000 |
17/01/24 | £70,000 |
Price Change | -12.50% |
Description
The Trivelles Short Stay Serviced Accommodation Complex presents a well-presented studio suite, ideal for investors seeking a high yield. The open-plan studio features a kitchenette with high and low-level units, a wardrobe, and a double bedroom with linens and bedside tables. The property boasts exposed brickwork and large windows, and onsite facilities include a concierge desk, gym, and café. Located on the fringe of the City Centre, the property offers easy access to amenities and is just a short distance from Nottingham Trent University. With an approximate yield of 12%, the property has achieved an income of £9,607.10 for the 2022 calendar year, with a management fee of 10% and a service charge of £1,180 per annum.