Turnkey, amenity-rich student studios close to Nottingham Trent University.
9 purpose-built student studios (approx. 19–20 m² each)
240 years remaining on lease — long leasehold security
Six units tenanted, three vacant; vendor to disclose monthly rent
Service charge £240pcm per unit (£2,880 pa listed)
Bills included (WiFi, water, electricity, contents insurance)
Onsite management, housekeeping, gym, cinema, 24/7 CCTV
Electric room heaters only; no communal gas heating
Located in very deprived, cosmopolitan student neighbourhood (average crime)
A city-centre investment of nine purpose-built student studios in Nottingham’s NG1, offered at auction with a long lease (240 years remaining). The block sits within easy walking distance of Nottingham Trent University and close to tram links for the University of Nottingham, supporting strong student demand. The asset includes communal amenities (gym, cinema, social areas), onsite management and 24/7 CCTV, with bills (WiFi, water, electricity, contents insurance) included in service charge.
The portfolio is currently partly income-producing: six units are tenanted and three are vacant — the vendor will disclose monthly rent received before completion. Service charge is listed at £240 per unit per month (shown as £2,880 annually per unit), and the building operates an onsite accommodation team, housekeeping and emergency cover which supports operating continuity for a new owner.
Practical considerations include electric room heating (no communal gas heating), double glazing installed since 2002, and an average overall apartment size with individual studios of approximately 19–20 m². The property is in a multicultural, cosmopolitan student neighbourhood within a wider very-deprived area and average local crime levels; this is typical for inner-city student housing and may affect long-term capital growth.
This lot is being sold at auction (ending 06/11/2025 at 1:15pm). Buyers should note tenure is leasehold, service charges are substantial, and complete rent roll and operating accounts must be reviewed prior to bidding. The particulars and services have not been tested — purchasers should make their own enquiries and surveys.
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