Studio for sale

An exceptional opportunity to invest in The Laceworks, a fully operational, purpose-built student accommodation (PBSA) development in the heart of Nottingham. The building has 222 high-specification studio apartments and is ideally located just a short distance from Nottingham Trent University and the University of Nottingham.

This modern design studio accommodation comprises a private en-suite shower room, bespoke kitchens with modern appliances, distinct sleeping, living, and study zones. The tenant gets high-speed Wi-Fi, all utilities (water, heating, electricity) included in their rental. The property is being sold with the tenant in situ, generating an annual rental income of £9,412. The property is fully compliant for the rental market. Service charge £2,563.55, Leasehold £350.

The building has unrivalled amenities such as a “hotel-style” reception area, on-site gym, private dining room, communal kitchen, games zones, and coffee-lounge style social areas. As well as a parcel delivery room, secure cycle storage, laundry facilities, 24/7 security with CCTV, secure access gates, alarm systems, and night officers.