Property description
Open House Event Saturday 19th November 14.00 - 15.30 By Appointment Only.
7.2 % Gross Yield. One of The Best Performing Student Lets On The Market. Fully Let For 12 Months. Chain Free.
An incredibly rare and exciting opportunity to purchase this student property that offers five bedrooms, communal living space incorporating kitchen, dining room and lounge, first floor bathroom and ground floor shower room.
Externally, there is a brick built laundry room complete. Fully let on a 12 month AST from the 1st September 2016, the property would provide a fantastic gross yield of 7.2% (calculated on the assumed asking price of £295,000) An ideal investment, that is all set up and ready to go.
With an increasing amount of older properties coming to the market that have had minimal investment over the years, this is a great time to capitalise on the recent upgrading undertaken by the current owners and reduce the time spent on managing and maintaining your buy to let investment.
Situated in highly requested Telephone Road, this fully refurbished and well maintained student property is an extremely convenient location, ideally positioned for the academic, domestic and social needs for students. The University of Portsmouth, St Mary‘s Community Campus and Fratton Train Station are all but a short walk away.
This location offers access to a variety of supermarkets, shopping outlets, bars and restuarants providing great convenience and job opportunities for tenants.