>
Studio
Plato House Cloud Student Homes, 11 Greek Street, Merseyside L3
£1,000,000
Plato House Cloud Student Homes, 11 Greek Street, Merseyside L3
£1,000,000
Our Summary
- Prime Investment Opportunity – High Yield & Strong Performance
- Investment opportunity
Description
This investment opportunity presents a prime chance to enter the thriving Purpose-Built Student Accommodation (PBSA) market with a portfolio of 20 studio apartments at Plato House. With a 7.18% net yield, this fully managed property offers stable returns in a sought-after student location. The studios are modern and self-contained, featuring private kitchenettes, en-suite bathrooms, study desks, and high-speed WiFi, as well as access to communal areas. The property benefits from a long leasehold (999 years from January 2015) and a strong rental income of £8,304 per annum, with a ground rent of £560 and service charge of £2,100. With a management fee of 9% of gross rental income, this investment is an excellent addition to any portfolio, providing a secure and long-term income stream.