22 bed property for sale Sold/Delisted

About this property

This spacious, fully compliant block of 22 studio rooms, including a 2-bedroom annexe, offers a secure, high-yield investment. Fully let on a social housing agreement, the property generates £128,750 in annual rental income, delivering a strong yield of 10.30%. It benefits from strong tenant demand and excellent transport connectivity. The property is strategically located near multiple supermarkets, gyms, parks, shopping centres, and schools, enhancing its appeal to tenants. Financial details include a 10-year Fri lease with a social housing provider, covering rent, utilities, repairs, and maintenance, with annual rent reviews at 3%.