Minerva House, Spaniel Row, Nottingham, NG1 6EP
YI

Minerva House, Spaniel Row, Nottingham, NG1 6EP

By yieldit

£ 40,000

Reviews

2 out of 5 stars

yieldit says ..

ATTENTION INVESTORS - INVEST IN PREMIUM STUDENT ACCOMODATION! Generate a high return with this fully furnished superior studio, close to Nottingham's top Universities.

Property Oracle says ..

This listing is for a studio apartment in Minerva House, Spaniel Row, Nottingham. The property is part of a larger student accommodation development, offering convenient access to Nottingham Trent University and other educational institutions. The provided photos show a modern, well-maintained studio with a kitchenette, bathroom, and a small living/sleeping area. The apartment benefits from access to shared amenities, including a gym and games room, appealing to the target market of students and young professionals. The listed price appears reasonable compared to similar nearby student accommodation options although it’s worth bearing in mind the lack of external space. The location in the Castle area of Nottingham offers proximity to the city centre and transport links. However, prospective buyers should carefully review the specifics of the leasehold agreement and potential service charges before proceeding. The lack of information regarding land/plot size is a significant omission, indicative of this being a purpose built apartment building rather than a free standing property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
462.85

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
169,403.10 £
Increased by 23.65 %
from 137,003.60 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
462.85 £/mo
Unchanged by 0.00 %
from 462.85 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • yieldit marked this listing as sold.

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
The Nottingham Trent UniversityHigher Education InstitutionsGood0.53 KM
Stone Soup AcademyFree Schools Alternative ProvisionOutstanding0.72 KM
St Joseph'S SchoolOther Independent School0.79 KM
Welbeck Primary SchoolCommunity SchoolOutstanding0.80 KM
Nottingham CollegeFurther EducationRequires improvement0.86 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Newcastle Chambers £ 000.00 KM
Albert Street £ 000.00 KM
Rutland Street £ 000.00 KM
Norfolk Place £ 000.00 KM
Peck Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nottingham1826NOT0.76 KM
Beeston1625BEE7.10 KM
Bulwell1865BLW7.28 KM
Netherfield6241NET8.00 KM
Carlton6201CTO8.19 KM

Nearby Listings

AddressPriceTypeScoreDistance
Minerva House £ 50,000BUY5 / 100.01 KM
421 Minerva House, Spaniel Row, Nottingham, NG1 6EP £ 50,000BUYUnknown0.01 KM
Minerva House, Spaniel Row, Nottingham, NG1 6EP £ 40,000BUY5 / 100.01 KM
Minerva House, Spaniel Row, Nottingham, NG1 6EP £ 55,000BUY5 / 100.01 KM
Minerva House, Spaniel Row, Nottingham, NG1 6EP £ 45,000BUY6 / 100.01 KM

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AddressPriceDistance
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32 Castle Boulevard £ 425,0000.56 KM
10 Park Valley £ 320,0000.58 KM
79 Castle Boulevard £ 240,0000.60 KM
81 Castle Boulevard £ 122,5000.60 KM