Property description

Student Investment Property located in the popular Nevilles Cross Area, offering a yield of 7% to investors

The property currently has four bedrooms and two bathrooms; and is fully let until June 2018. The landlord currently achieves a rental of £15,808 p.a. until June 2017 and then £16,224.00 p.a. until June 2018, ensuring a 7% yield.

Student investment properties located in Nevilles Cross are just a short walk from the Business School and St Aidans College; the new development at Sheraton Park also means that Ustinov College will only be a short walk from the property, when this opens in late 2017.

The property comprises, on the ground floor of a living room and the kitchen with dining area. The first floor has four bedrooms and two communal bathrooms. Externally to the rear, there is a yard.

This investment has a solid history of no voids during the current ownership and has deemed consent for student lettings, and as such is exempt from the new Article 4 Direction in place within this area.

To arrange a viewing, please call 0191 375 7000 or email elvet@elvetestates.co.uk

Property Features :

• Offers a 7% Yield
• Fully Let Until June 2018
• Rental Income of £16224.00
• Great Location for Business School and new Ustinov College
• Located in Nevilles Cross Area