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41 bedroom apartment for sale
Dojo House, Ilkeston Road, Nottingham NG7
£4,950,000
Dojo House, Ilkeston Road, Nottingham NG7
£4,950,000
Our Summary
- 12% | Income: £402,000 (2024-25 projected) OverviewAn outstanding investment opportunity to acquire Dojo House, a modern, high-spec Purpose-Built Student Accommodation (PBSA) scheme consisting of 41 fully self-contained studio apartments, located in one of Nottingham's most desirable student areas - Lenton
- Strong capital growth and rental uplift potential
Description
Dojo House is a modern, purpose-built student accommodation block located in the desirable student area of Lenton, Nottingham. The property comprises 41 fully self-contained studio apartments, each featuring a private en-suite shower room, fully fitted contemporary kitchen, study and living area, and modern furniture and finishes. The development is part-let and has strong demand for the upcoming academic year, with projected income for 2024-25 of £402,000 and a gross yield of 8.12%. The property benefits from a range of amenities, including an on-site gym, high-end communal lounge, and secure access. With minimal capex anticipated post-completion, this is an outstanding investment opportunity for those looking to capitalize on the strong student rental market in Nottingham. The location is ideal, with quick transport links to both University of Nottingham and Nottingham Trent University, as well as a thriving independent food scene and proximity to key university campuses.