Standout Features
- Two Bedroom Student Apartment
- High Speed WiFi Internet Connectivity
- Smart TV's In All Rooms
- Fully Fitted Kitchen With Integrated Appliances
- Fully Furnished To A High Standard
- Modern Finish Throughout
- Good Yield -
- C3 Planning Status - Not Limited To Students
Property Description
High Yield Investment Opportunity within Balfour House - unique, premium student accommodation.
Balfour House comprises 22 high quality apartments, to provide students with absolutely everything needed. Completed and let in the summer of 2014, these exceptional apartments are very popular with students being friendly in scale and quality in finish, providing a rental income of £15,600 pa, and a gross yield of 6.7%. This rent is slightly under market value, so a higher yield is achievable.
Further benefits include an allocated parking space.
This two bedroom apartment comprises a high quality kitchen/living space, including fridge-freezer and dishwasher. Two good-sized double bedrooms include double beds, wardrobes, workspaces and smart TV's. Comfortable communal spaces outside provide a great sociable place for students to live and study. Conveniently located in Winnall and close to Erasmus Park.
Enquire for full details of the market, rental returns and full financials.
Material Information
- Tenure: Leasehold
- Ground Rent: £250 per year
- Service Charge: £1,221 per year
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Winnall Close, Winchester
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