1 Albion St
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1 Albion St
9 Unit Dormitory £1,200,000 (£133,333/Unit) 5.85% Net Initial Yield Beeston NG9 2PA
Investment Highlights
- A nine bed student investment with en suite rooms
- Converted in 2023 and finished to an excellent standard
- Situated within the Grade II Listed Anglo Scotian Mills development in the heart of Beeston town centre
Executive Summary
Gross income for 23/24 of £70,245 per annum
Predicted income for 24/25 of over £74,000 per annum. Offered to purchase at £1.2m
Predicted income for 24/25 of over £74,000 per annum. Offered to purchase at £1.2m
Property Facts
| Price | £1,200,000 | Property Subtype | Dormitory |
| Price Per Unit | £133,333 | Apartment Style | Low Rise |
| Sale Type | Investment | Lot Size | 0.67 AC |
| Net Initial Yield | 5.85% | Building Size | 10,000 SF |
| Tenure | Freehold | Number of Floors | 3 |
| No. Units | 9 | Year Built | 2010 |
| Property Type | Residential |
| Price | £1,200,000 |
| Price Per Unit | £133,333 |
| Sale Type | Investment |
| Net Initial Yield | 5.85% |
| Tenure | Freehold |
| No. Units | 9 |
| Property Type | Residential |
| Property Subtype | Dormitory |
| Apartment Style | Low Rise |
| Lot Size | 0.67 AC |
| Building Size | 10,000 SF |
| Number of Floors | 3 |
| Year Built | 2010 |
Unit Amenities
- Air Conditioning
- Eat-in Kitchen
- Kitchen
Site Amenities
- 24 Hour Access
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1 Albion St
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