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Queens Road, Nottingham, NG2

Key features

  • Buy-to-let Investment
  • High Specification Studio
  • Tenanted and fully compliant
  • Situated between Nottingham's 2 main universities
  • All mod cons including on-site gym
  • Hugely popular with students
  • Annual rental £9,412
  • 20 sq m
  • Leasehold

Description

An exceptional opportunity to invest in The Laceworks, a fully operational, purpose-built student accommodation (PBSA) development in the heart of Nottingham. The building has 222 high-specification studio apartments and is ideally located just a short distance from Nottingham Trent University and the University of Nottingham.

This modern design studio accommodation comprises a private en-suite shower room, bespoke kitchens with modern appliances, distinct sleeping, living, and study zones. The tenant gets high-speed Wi-Fi, all utilities (water, heating, electricity) included in their rental. The property is being sold with the tenant in situ, generating an annual rental income of £9,412. The property is fully compliant for the rental market. Service charge £2,563.55, Leasehold £350.

The building has unrivalled amenities such as a “hotel-style” reception area, on-site gym, private dining room, communal kitchen, games zones, and coffee-lounge style social areas. As well as a parcel delivery room, secure cycle storage, laundry facilities, 24/7 security with CCTV, secure access gates, alarm systems, and night officers.

Brochures

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COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Queens Road, Nottingham, NG2

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About Portolio, Edinburgh

Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ
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Portolio is a specialist estate agent for landlords, selling tenanted properties from landlord to landlord while ensuring tenants remain secure in their homes. Founded by two Scottish letting agents in 2017, Portolio is the product of the decades of knowledge amassed by co-founders Chris Wood and Ross MacDonald. Its business model fuses the skills required to be an estate agent with a deep knowledge of lettings, and what is required in the world of buy-to-let, from property styles and locations, to rental yields, capital appreciation potential, and all required safety legislation. Portolio is fully NAEA qualified and sells tenanted properties and portfolios across Scotland and England.

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Disclaimer - Property reference 29099823. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portolio, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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