The Laceworks, Queens Road, Nottingham, Nottinghamshire NG2, Studio for sale

Property Details: • Type: N/A

• Bedrooms: 0 • Bathrooms: 0

Description: Property Specifications &amp; Design<br><br>​This 20 sq m studio has been architecturally designed to maximize space and functionality, catering to the modern student-s high expectations.<br><br>​Living Zones: The apartment features intelligently defined areas for sleeping, socialising, and quiet study.​Bespoke Kitchen: Fully integrated with premium, modern appliances and high-durability cabinetry.​En-suite Facilities: A private, contemporary shower room finished to a high specification.​Technology: Provisioned with high-speed Wi-Fi and hardwired data points to support heavy academic and leisure usage.<br><br>​Financial Performance: The asset demonstrates a robust income profile with a significant yield that outperforms traditional residential buy-to-lets.<br><br>​Gross Annual Rental Income: £8145.00​Current Yield: 12.5% (Gross)​Service Charge: £2,563.55 per annum (Covers maintenance, communal utilities, and amenities)​Ground Rent: £350 per annum​Tenure: Leasehold ​Unrivalled Building Amenities<br><br>​The Laceworks distinguishes itself through 'hotel-style' communal spaces that ensure high retention rates and consistent demand:<br><br>​Health &amp; Wellness: On-site professional-grade gym and secure cycle storage.​Social &amp; Academic Hubs: A coffee-lounge style social area, games zones, private dining room for hosting, and a communal kitchen.​Operations &amp; Security: 24/7 security presence with night officers, CCTV, secure gated access, and a dedicated parcel delivery room.​Utility Management: A 'bills-included' model for tenants (water, heating, electricity), simplifying the rental process and increasing the propertys attractiveness to international students.<br><br>​Market Context: The Nottingham Advantage: Nottingham remains one of the UK-s most undersupplied student markets.