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Our Summary
- Investment opportunity
- Prime Investment Opportunity – High Yield & Strong Performance35 units (Studio flats)
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Description
This prime investment opportunity offers a high-yielding and stable return in the thriving Purpose-Built Student Accommodation (PBSA) market. The property, Plato House, features 35 studio flats with private kitchenettes, en-suite bathrooms, and study desks, designed to meet the needs of students. With a long leasehold of 999 years, the property is protected from market fluctuations and offers a 7.18% net yield.
The investment comes with a management fee of 9% of gross rental income, and the service charge is £2,100 per annum per unit. The ground rent is £560 per annum per unit, making it an attractive option for investors seeking a secure, long-term income in the growing student sector.