It is a rentable student studio in a new complex specially designed for the accommodation of students.
The area of the apartment is 25 m².
The residents will be provided with:
- 24-hour concierge and CCTV;
- bicycle parking;
- game room;
- IT room.
Tenure: Leasehold for 195 years.
The complex will be completed in early 2016.
There are other apartments for sale ranging from 17 to 41 m² with prices ranging from £ 59,995 to £ 115,995.
The projected net income is £ 6,300.
The projected yield of 9%.
The cost of ownership
Landlord fee — £ 300 per year.
Management company fee — £ 400 per year.
Operating costs — £ 1,200 per year.
The central location of the complex allows you to reach each of the universities by walk in less than 12 minutes.
The train station is also within walking distance from the area.