Plato House Cloud Student Homes, 11... Studio for sale

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Plato House Cloud Student Homes, 11... Studio for sale

Plato House Cloud Student Homes, 11 Greek Street, Merse, L3
£350,000

Our Summary

  • Prime Investment Opportunity – High Yield & Strong PerformancePortfoilo of 5 Studio Purpose-Built Student Accommodation (PBSA)£70,000 per unit | 7
  • Investment opportunity

Description

This is a prime investment opportunity in a purpose-built student accommodation (PBSA) portfolio, offering a high yield of 7.18% and strong performance. The portfolio consists of five studio units, each fully equipped with modern amenities such as private kitchenettes, en-suite bathrooms, and high-speed WiFi. The property is located in a sought-after student area, with a long leasehold of 999 years from January 2015. The investment generates a gross rental income of £8,304 per annum, with a ground rent of £560, service charge of £2,100, and management fee of 9% of gross rental income. With a stable return and long-term income potential, this investment is an attractive addition to any portfolio, particularly for those seeking PCV-protected student properties.