1 bedroom apartment for sale

>

1 bedroom apartment for sale

Queens Road, Nottingham, NG2
£74,995

Our Summary

  • An exceptional opportunity to invest in The Laceworks, a fully operational, purpose-built student accommodation (PBSA) development in the heart of Nottingham

Description

This exceptional investment opportunity presents a fully operational, purpose-built student accommodation development in the heart of Nottingham, offering 222 high-specification studio apartments. The property is located close to Nottingham Trent University and the University of Nottingham, making it an ideal choice for students. Each apartment features a private en-suite shower room, bespoke kitchen with modern appliances, and distinct sleeping, living, and study zones. The property is sold with a tenant in situ, generating an annual rental income of £9,500, and comes with a range of impressive amenities, including a reception area, gym, private dining room, communal kitchen, and social areas. With a service charge of £2,563.55 and a leasehold of £350, this property offers a rare and lucrative investment opportunity for those looking to capitalize on the growing student accommodation market.