Property description
Brand New Student Development - 40 Self Contained Studios - Cash Purchase Only - Approx Gross Return of 10-12% based on asking price - 27 Remaining.Your Home Investments are delighted to offer this brand new purpose built student accommodation offering 40 self-contained studios (151-290 sq ft) situated in a central location just off the High Street (well-lit and cctv covered) and just 17 minutes walk to Lincoln University.
Set over 4 floors, each studio offers a kitchenette, study area, bed and en-suite shower room. All studios come fully furnished and will need to be offered to tenants on a fully inclusive basis. The development is currently in the build stage with completion being due on August 24th 2017 just in time for the 2017/2018 academic year.
Open to cash purchasers only, the prices are fixed with a £2000 reservation fee. Half of the remaining purchase price is due upon a strict 28 day exchange with the remainder then being due on the day of completion. Please note, the current floorplans show 36 plots, 4 more have been allocated on the ground floor, listing will be updated when we have these in hand. The top floor has been sold.
If you would like any further advice, please call our Investment Team on 01522 620510, email investor@yourhomeproperty.co.uk or visit our offices at 42 Silver Street, Lincoln. Open 7 days a week.
Property Features :
- Brand New Student Development - 27 LEFT
- 40 Studios - Self Contained - 151-290 sq ft
- Central Location - 17 Min Walk to University
- Cash Purchase Only - Legal Fees Paid
- Approx Gross Return of 10-12% (11 month tenancy)