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62 Rooms 127 beds 82 bath

£ 5,486,500.00

211 bed property for sale Sold/Delisted

Address: ************

More information

Auction: No
Market Status: Sold/Delisted
Schools: ************
Transport: ************
HMO Status: Existing HMO
NEAR UNIVERSITY: YES (Dist: 0.50 miles)
NEAR TRAIN STATION: YES (Dist: 1.00 miles)
NEAR BUS STATION: YES (Dist: 0.75 miles)
NEAR HOSPITAL: NO (Dist: 1.50 miles)
About this property
Freehold student portfolio comprising 46 houses and flats in multiple occupation, featuring 211 bedrooms ranging from 1-bedroom flats to 8-bedroom HMO properties. The properties are fully let to students for the current academic year and are currently advertised as student accommodation for the academic year 2024/2025. Contracted rent is £398,982.40 with a gross yield of nearly 7.3%. The portfolio is fully managed by a team with 20 years of experience in student accommodation management and is completed to a high standard. The properties are extremely popular with students, with multiple supermarkets, gyms, parks, shopping centres, and schools within 1.0 mile. The location is within 0.50 miles of a university, 1.00 mile from a train station, and 0.75 miles from a bus station. Don't miss this opportunity to acquire this stunning student portfolio.

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Agent Name: xxxx
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