Studio flat for sale

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Studio flat for sale

58 Woodgate, Loughborough, LE11
£9,500

Our Summary

  • SpecificationBeing Sold by GOTO Online Auction Starting Bids from £9,500 Buy it now option available Please call or visit Purplebricks Online Auctions for more information
  • This property is for sale by Online Auction
  • The Online Modern Method of Auction is a flexible buyer friendly method of purchase

Description

This investment property is a student apartment block in Loughborough town centre, offering a great return on investment. The current vendor has a return of £598 every quarter, with a yearly ground rent of £300 deducted from the £2,392 rental income. The property is fully managed by a company, which takes care of advertising and setting up lettings contracts, and there is no additional cost for this service. The property is already let and will earn money from day one, with a spacious studio with en-suite and a ¾ sized bed, wardrobe, storage space, and a large study desk. The block offers shared facilities such as a common room, TV, and laundry room, and is located in walking distance to local amenities, including Loughborough University. The property is being sold through an online auction, with a starting bid of £9,500 and a buy-it-now option available.
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