Property description
An excellent opportunity to invest in one of the biggest student units available at St Ann's Lodge in Headingley. Ideally suited to investors, this student unit is available now and is your chance to own a piece of the expanding student accommodation market.
The unit comes with en-suite bathroom, and is fully furnished.
Rent is currently set at £120pw for 44 weeks providing a gross yield in excess of 10%. The block management company charges an annual 8% plus VAT management fee but you should still see a net yield of around 7%.
For their fee, the management company finds a new student tenant each year and fully manage the property for you. Its a true hands off investment.
Headingley is located just to the North West of Leeds City Centre and is ideally located for these student units, providing excellent access to Leeds' Universities.
Ground rent: £175pa
Lease: 125 years
Buildings insurance: Separate cost
Grounds maintenance: Separate cost
Property Features :
- ATTENTION INVESTORS
- PREMIUM STUDENT UNIT
- BUY TO LET
- APPROX 7% NET YIELD
- LARGE STUDIO