Property Summary

This 6-bedroom student property presents an exceptional opportunity for landlords looking to expand their portfolio with a high-yield, fully tenanted investment. Located in the vibrant S10 area, known for its proximity to local universities, this property combines spacious, modern living with a prime location, ensuring strong tenant demand year-round. Positioned in the bustling S10 area, this property is located just a short walk from the university campus, making it highly appealing to students. The area is known for its lively atmosphere, with shops, cafes, and public transport links easily accessible, ensuring a constant stream of prospective tenants.

Property Overview:

• Bedrooms: 6 large double bedrooms
• Bathrooms: 3 modern bathrooms
• Gross Yield: Up to 10%
• Annual Rent: £25,740 (excluding bills)
• Tenancy: Fully let to 6 students until June 2025
• HMO Certified: Recently renewed with no planning restrictions

Recent Refurbishments:

The property has undergone a full refurbishment, with brand-new updates throughout, providing a fresh, modern look that appeals to student tenants:

• New kitchen:
  • Contemporary, large kitchen featuring sleek, self-closing white cabinet doors and white worktops
  • Two built-in ovens with gas hobs and a large overhead extractor fan for ample cooking space
  • Spacious enough for a dining table and chairs, perfect for socializing
  • Stainless steel sink and expansive counter space
  • Two large windows flood the room with natural light
  • Finished with wooden laminate flooring for easy maintenance
• Living Room:
  • The bright, spacious living room offers a comfortable communal space with large windows allowing natural light to pour in
  • Furnished with modern grey carpet and freshly painted white walls, creating a clean and contemporary atmosphere

Bathrooms:

• Bathroom 1: Fully tiled with large white brick-effect tiles for a modern look. Features a walk-in shower cubicle, toilet, sink, and storage cupboard, making it both practical and stylish
• Bathroom 2: Simple, elegant design with white walls, a full-size bathtub, sink, and toilet. Fitted with wood-effect lino flooring for added warmth and durability
• Bathroom 3: A unique design with golden brown wall panels covering half the room for a luxurious feel. Features a large shower cubicle, built-in toilet, and sink

Bedrooms:

All 6 bedrooms are large, double rooms, ideal for students who value space and comfort. Each room has:

• Freshly painted white walls for a clean, neutral aesthetic
• Newly installed grey carpets for a modern finish
• Large windows in each room provide plenty of natural light, creating a bright and airy atmosphere
• The property comes fully furnished, providing beds, desks, and wardrobes, making it move-in ready for tenants

Outdoor Space:

The property benefits from a large, enclosed back garden, perfect for outdoor relaxation or gatherings. It is surrounded by a brick wall for added privacy and includes a shed for storage, offering practical space for tenants to store bicycles or garden equipment.

Investment Potential:

With a gross yield of up to 10% and a current rental income of £25,740 per annum, this property is a solid investment opportunity. It is fully tenanted until June 2025, offering immediate and steady rental income. Additionally, the sale includes all furniture, making the transition for new ownership smooth and hassle-free.

• HMO Certified: The property has a recently renewed full HMO certificate, adding significant value and allowing for multi-occupancy without planning restrictions.
• RICS Valuation: Available upon request for serious buyers looking for further verification of the property’s value.

For further details or to arrange a viewing, please enquire today!