17 bedrooms all en-suite, purpose built student block generating Circa £110,000 pa
Superbly situated within a short walk of Leicester University, Leicester Train Station, the City Centre & an array of everyday amenities can be found locally. This newly developed three storey student accommodation briefly comprises, 17 bedrooms all with en-suites, three kitchens (one per floor), communal lounge & three valuable parking spaces. This well appointed living accommodation is fully compliant and generating a net Rental Income Circa £110,000 pa offering a Yield 7.5% ideal investment opportunity & available as A 'going concern'
Net Rental Income: Circa £110,000PA
Bills included (gas, elec, water & broadband) Gross Rental £119,250 P/A
16 rooms @ £140 pppwk
1 Studio @ £155 pppwk
3 Parking spaces £27.77 per week / per space = £1,000 p/a
17 Bed hmo (1/12/17) and 3 Parking Spaces
Lgf - Bedrooms: 2 Double & En-suite
gf –Bedrooms: 4 double, 1 Studio, Kitchen All En-suite, Communal Kitchen & Communal Lounge
ff – Bedrooms: 5 double, All En-suite & Kitchen
sf – Bedrooms: 5 double, All En-suite & Kitchen
3 Parking Spaces
D Rating 92
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We are unable to confirm whether certain items in the property are in fully working order (i.e. Gas, electric, plumbing etc.) The property is offered for sale on this basis. Prospective purchasers are advised to inspect the property and commission expert reports where appropriate. Barkers Estate Agents have a policy of seeking to obtain any copy guarantees / invoices relating to works that may have been carried out by a previous or existing owner. Please ask one of our staff members to check files for any relevant documentation that have come to our attention.
Photographs are reproduced for general information and it must not be inferred that any items shown are included in the sale with the property.
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