Property description

ATTENTION INVESTORS!

Another superb opportunity to invest in the expanding student accommodation market. Ideally suited to investors, this student unit based just outside Leeds in the popular student area of Headingley.

This large studio unit on the ground floor comes with an en-suite bathroom and is fully furnished.

Rent is currently set at £120pw for a 44 week rental period providing a gross yield in of 10%. The block management company will charge an annual fee of 8% plus VAT but you should still see a yield of between 7-7.5% net.

For their fee, the management company will find you a new student tenant each year and fully manage the property for you.

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 :

• INVESTMENT OPPORTUNITY
• APPROX 7.5% NET YIELD
• PREMIUM STUDENT UNIT
• LET & MANAGED FOR 2014/15
• CLOSE TO ALL LEEDS UNI´S