£60,000

1 bed property for sale

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New home
Leasehold

£60,000

1 bed property for sale

Spaniel Row, Nottingham, Nottinghamshire NG1

1 bed
EPC rating: B

Key Information

Tenure:
Leasehold
Time remaining on lease:
Service charge:
Council tax band:
A band has not yet been confirmed.
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Stone Soup Academy 0.3 miles
  • St Joseph's School 0.4 miles
  • Nottingham 0.4 miles
  • Netherfield 3.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Nottingham to find out more about the local area.

Features and description

  • Leasehold
Introducing Minerva House
Minerva House Student Accommodation Overview

On-site Communal Facilities
Bills Included
Great Facilities
Free Gym
Cinema Room
Social Events
Student Investment In Nottingham
Over 60,000 full time students, one of the UK's largest
Two major universities (one Russell Group)
High demand for city centre student accommodation

The Minerva House, is a fantastic Student Accommodation in Nottingham to live as a student. This student accommodation is located near some of the top universities. It's easy accessibility to such universities makes it a popular hub for domestic and international students. Throughout their stay at Minerva House, students can explore the vibrant city for entertainment and weekend activities.

Minerva House Location

Living at Minerva House in Nottingham makes it easier for students to travel to all the prime areas. Within a short distance, students can find the cityside lined with a variety of shops, restaurants, cafes, etc. Transportation is effortlessly available for students who want to travel to the city or their university. Railway stations & Bus depots are a few minutes away from Minerva House. Hospitals and health centres are conveniently located nearby.

Minerva House Features

This Student Housing in Nottingham offers modern en-suite rooms in shared apartment and studio categories. Each accommodation is stacked with a range of amenities, making students feel at home. These amenities include free wifi, kitchenette, study area, wardrobe, lounge area, gaming room, community area, and so much more. The accommodation is curated with expertise for a comfortable and economical stay.

Minerva House Student Accommodation Rooms

Students can pick from fully furnished and spacious flats. Minerva House is divided into different room types such as en-suite rooms, studios, private apartments, and much more. To increase comfort, this accommodation also has around the clock staffing with top-notch amenities.

Spaniel Row, Nottingham NG1 6EP, UK

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

NOT230050/8

Details

Introducing Minerva House
Minerva House Student Accommodation Overview

On-site Communal Facilities
Bills Included
Great Facilities
Free Gym
Cinema Room
Social Events
Student Investment In Nottingham
Over 60,000 full time students, one of the UK's largest
Two major universities (one Russell Group)
High demand for city centre student accommodation

The Minerva House, is a fantastic Student Accommodation in Nottingham to live as a student. This student accommodation is located near some of the top universities. It's easy accessibility to such universities makes it a popular hub for domestic and international students. Throughout their stay at Minerva House, students can explore the vibrant city for entertainment and weekend activities.

Minerva House Location

Living at Minerva House in Nottingham makes it easier for students to travel to all the prime areas. Within a short distance, students can find the cityside lined with a variety of shops, restaurants, cafes, etc. (truncated)

Room Type

This particular property is a premium single with a rental figure of between 160 -165 pounds per week

Rental Values

Please see below confirmation of rental achieved:

104: Achieving £150.00 p/w commencing 1 Sep 23
110: Currently being marketed at £190.00 p/w
127: Achieving £170.00 p/w commencing 8 Sep 23
228: Achieving £165.00 p/w commencing 15 Sep 23
302: Achieving £165.00 p/w commencing 14 Sep 23

Financials

1. Annual Ground Rent: Each unit in Minerva House incurs an annual ground rent of £150.

2. Service Charge: The service charge payable for each unit is £241 per month. The service charge covers various maintenance and management expenses for the property.

3. Management Fee: The management fee is deducted from the monthly rent and amounts to 8.5% of the rent. This fee covers the cost of managing the property and its operations.

4. Potential Service Charge Reduction: Urban Evolution is currently in the process of finalizing the right to manage. Once this process is completed, there may be a potential reduction in the service charge. However, the specific details regarding the reduction are not provided.

More information

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Reeds Rains - Nottingham

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