Guide price
£43,250
(£175/sq. ft)
Studio for saleFlat 302, Bard House 14-22, Shakespeare Street, Nottingham, Nottinghamshire NG1
248 sq. ft
EPC Rating: E
About this property
Cash buyers only
Self-contained student studio apartment
Located in the heart of Nottingham’s student district
Close to Nottingham Trent University
Kitchenette and ensuite shower room
Popular purpose-built student accommodation development
On-site communal facilities including gym, common room, entertainment suite and courtyard
Wheelchair accessible
Cash buyers only – student studio investment opportunity in Bard House, Nottingham.
Trent Estate Agents are pleased to bring to the market this self-contained studio apartment within Bard House, a popular student accommodation development positioned on Shakespeare Street in the heart of Nottingham’s student district.
The apartment offers a compact and practical student living space with a kitchenette and ensuite shower room, making it well suited to the student rental market. Bard House is particularly well placed for Nottingham Trent University and benefits from a central location with excellent access to the city centre, public transport, shops, restaurants and wider student amenities.
The development also offers a range of communal facilities designed for student living, including an on-site gym, common room, entertainment suite, laundry facilities and courtyard areas.
This is an investment-focused purchase and is expected to appeal to cash buyers looking for a managed student accommodation asset in a central Nottingham location.
Investment Breakdown
Purchase price: £43,250
Weekly rent: £160
Annual rent: £8,320
Service charge: £4,076 per year
Ground rent: £150 per year
Letting fee: £73.92 per month / £887.04 per year
Gross Yield
£8,320 ÷ £43,250 × 100 = 19.24%
Net Annual Income
£8,320 - £4,076 - £150 - £887.04 = £3,206.96
Net Yield
£3,206.96 ÷ £43,250 × 100 = 7.41%
Agent Note
The above figures are provided for guidance only and should be verified by the buyer’s solicitor before exchange of contracts. The net yield calculation does not include stamp duty, legal fees, tax, void periods, repairs, future service charge increases, finance costs or any other purchaser-specific costs.
Please note: Any images used may include show apartment or communal area photography and may not be fully representative of the exact apartment being sold. Buyers should satisfy themselves by inspection and legal due diligence before proceeding.
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More information
Tenure
Leasehold (237 years)
Service charge
£4,076 per year
Council tax band
B
Ground rent
£150
Ground rent date of next review
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