New to the market is this impressive 6 bedroom student investment property in a prime location.To be sold as a going concern, the property is currently Let to 6 students for the current 2025-26 academic year at an annual rent of £50,160, giving a return on investment of just over 8%. This substantial, Victorian terraced property consists of six double bedrooms, a large kitchen with adjoining dining/utility room, separate living room and two shower rooms. At the rear is a generous enclosed garden with covered bike storage and rear access.The house is maintained to a high standard and is very well presented throughout. The property retains many original features with decorative fireplaces in several of the rooms, along with stripped wooden flooring.The property is located in Prospect Park, an attractive, leafy street in a perfect location for University students, being within easy walking distance of the main campus, City Centre and bus/train stations.N.B. Included on the freehold is a garage which is rented out separately to main house, this was not intended to be part of the sale however there is the potential for this to be negotiated and included. EPC Rating: D
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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