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41 bedroom apartment for sale
Dojo House, Ilkeston Road, Nottingham NG7
£5,250,000
Dojo House, Ilkeston Road, Nottingham NG7
£5,250,000
Our Summary
- 19% | Income: £402,000 (2024-25 projected) | £430,000 (2025-26 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, high-spec purpose-built student accommodation (PBSA) scheme located in Lenton, Nottingham, comprising 41 fully self-contained studio apartments. The property is situated near the University of Nottingham's Jubilee Campus and Nottingham Trent University, with strong transport links and a thriving independent food scene. The development is part-let and has great demand for the upcoming academic year, with projected income of £402,000 for 2024-25 and £430,000 for 2025-26, offering a gross yield of 8.19%. The property features modern interiors, high-spec finish throughout, on-site gym, communal lounge, and secure access. Each studio apartment has a private en-suite shower room, fully fitted contemporary kitchen, study and living area, and modern furniture and finishes. The property also includes a communal gym, bright reception area, and bike storage, enhancing tenant satisfaction and retention. With minimal capex anticipated post-completion, Dojo House is an outstanding investment opportunity for those looking to capitalize on the strong student rental market in Nottingham.