- Prime location
- Fully managed service
- Licensed 23 bed HMO
- 10% gross yield
- Excellent transport links to all university campuses
- Luxury student flats
Sourced are delighted to present this unique investment opportunity, consisting of a converted hotel, currently occupied with students, with NET yield of 9.11%.
The first flat has 8 double bedrooms, a communal lounge, a kitchen, and 3 bathrooms.
The second flat has 6 double bedrooms, a communal lounge, a kitchen, and 2 bathrooms.
The third and final flat has 9 bedrooms, a communal lounge, a kitchen, and 3 bathrooms.
For a single management fee, we offer tenants a stunning property with the following:
• All utility bills included, uncapped.
• Entertainment package including movies and sports.
• Fortnightly cleaning service for communal areas.
• £5,000 Endsleigh contents insurance per tenant.
• In-house maintenance team.
• 50” TV, dishwasher, washing machine and tumble dryer.
All relevant planning, HMO licencing and certs in place.