ROI = 11% BMV = 0.0%
Gallery
Description
** OFFERS ARE INVTED BETWEEN £110,000 AND £120,000. BRINGING IN THE PRO-RATA'D AMOUNT OF £13,200 FROM 4 LETTABLE ROOMS THUS AN 11-12% YIELD WITH NO UTILITY BILLS TO COME OFF THIS FIGURE ** A QUIRKY AND LARGER THAN THAN AVERAGE THREE STOREY END TERRACED STUDENT PROPERTY WHICH OFFERS A FRESHLY SIGNED LEASE FOR THE 24-25 ACADEMIC YEAR GENERATING £1250m PER MONTH WITHOUT BILLS TO BE DEDUCTED. THE PROPERTY HAS BEEN RECENTLY UPGRADED IN THE LAST FEW YEARS AND OFFERS SPACIOUS ROOM SIZES THROUGHOUT THAT YIELD A DOWNSTAIRS BEDROOM, A COMMUNAL LOUNGE, A SPACIOUS KITCHEN AND DOWNSTAIRS BATHROOM WITH TWO FIRST FLOOR BEDROOMS, AND A FURTHER SECOND FLOOR BEDROOM THAT HAS ITS OWN EN-SUITE FACILITIES. THE PROPERTY IS LOCATED ON THE 'UNVERSITY SIDE OF LNTHORPE ROAD' SO IS NOT SUBJECT TO SELECTIVE LICENSING. THIS IS AN IDEAL INVESTMENT GENERATING HIGH YIELDS AND HAS SUCCESFULLY HAD A HISTORY OF BEING LET! ALL FIXTURES AND FITTINGS COME INCLUDED IN THE PRICE.
Find out MoreProperty Details
- Property ID: 153542867
- Added On: 2024-10-10
- Deal Type: For Sale
- Property Price: £110,000
- Bedrooms: 4
- Bathrooms: 1.00
Amenities
- 4 SPACIOUS DOUBLE SIZED BEDROOMS PRESENTED IN MODERN NEUTRAL SHADES AND FULLY FURNISHED
- LARGER THAN AVERAGE ROOM SIZES ENSURING A MORE THAN COMFORTABLE AMOUNT OF LIVING SPACE THROUGHOUT
- 3 BEDROOMS LET AT £250 PCM WITHOUT BILLS
- THE UPPERMOST FLOOR ENSUITE ROOM BRINGING IN £350PCM
- L HEATING AND UPVC DOUBLE GLAZING THROUGHOUT
- WE CURRENTLY MANAGE THE PROPERTY SO FULL LEASE INFORMATION IS AVAILABLE TO THOSE WHO CAN PROVIDE FINANCIAL VERIFICATION OF THEIR ABILITY TO PROCEED
