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The Laceworks

Nottingham, United Kingdom

Investment Type: STUDENT

Est. Completion: AVAILABLE

  • Nottingham city centre location
  • 60,000 full time students in Nottingham
  • Luxury student development
  • £265.00 per week for 51 weeks
Purchase Process

Unit L07-20 - Investment Highlights

  • Purchase price - £140,000
  • Tenanted at £265 per week x 51 weeks = £13,515.00
  • Lettings fees = £540.60 per annum 
  • Annual service charge = £2,643.87 
  • Ground rent = £350.00 per annum 
  • Annual net rental income = £9,980.53
  • 7.12% net rental yield 
  • Opportunity for double occupancy
  • Private roof terrace with spacious studio

Purchase Process

  • Reserve your unit with a signed reservation form
  • Provide certified ID, proof of address and proof of funds to Pure Investor
  • Pay a £2,000 non-refundable reservation fee
  • Solicitors instructed
  • Remaining balance due on completion

The Laceworks - Overview

The Laceworks is a stunning new, high specification student development, perfectly located in the heart of Nottingham city centre, just a short walk from the picturesque River Trent. The Laceworks comprises of a range of stylish studios and two-bedroom apartments, all fully furnished with fitted kitchens and modern furnishings throughout. Communal study rooms are available for students to work in larger groups, and a stylish cinema and games room cater for the students seeking relaxation and downtime.

Key to the appeal of the Laceworks development is its location in Nottingham city centre. In recent years, Nottingham has experienced high student occupancy rates, primarily driven by the increasing student population across the two hugely popular universities. 

The Laceworks - Student Property Management
The Laceworks is fully managed by StudentFM, one of the leading providers of block management and lettings for student developments in the UK.

Purchase Process
Reserve your unit with a signed reservation form
Provide certified ID, proof of address and proof of funds to Pure Investor
Pay a £2,000 non-refundable reservation fee
Solicitors instructed
Remaining balance due on completion

The Laceworks - Key Points

Location

Location

Nottingham, United Kingdom

Price

Price

N/A

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

Contact Us

Contact Pure Investor today for a Free Consultation and Valuation for your tenanted property for sale.

Call today on: +44 (0) 161 337 3890

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