Exciting & Superb Investment Opportunity - Student Accommodation or Professional - Situated 5 minutes walk to University and 10 minutes walk to City Centre in the area of Woodhouse, Leeds. 25 Large Double Bedsits with individual washing facilities. Large development with potential to increase rental yield via refurbishment.
Currently fully let and achieving £110,000 p.A (approx 7% rental yield at £85.00 per room per week.
With minor refurbishment expected rental income £149,500 (approx 10% rental yield at £115 per room per week).
With major refurbishment expected rental income £195,000 (approx 12% rental yield at £145 per room per week)
With potential Conversion to studios Expected rental Income £210,000 (approx 13% rental yield at £165 per room per week)
rental guarantee & income security - for 3 Years based on using current Letting Agents (danhamz) (T&Cs Apply) - £100,000p.A
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