16 bed block of flats for sale Sold/Delisted

About this property

This impressive 16-bedroom multi-occupancy property represents a prime investment opportunity, currently generating a rental return of over £7295 per month, with potential for increased income. Each of the 16 modern en-suite bedrooms ensures comfort for tenants. The property features two well-equipped shared kitchens, maximizing communal living. It is a leasehold property without service charges or ground rent, enhancing investment returns. With strategic improvements, there is a fantastic opportunity to increase rental yield. Projected ROI is 19.8%, subject to market rent increases. The property is located near multiple supermarkets, gyms, parks, shopping centres, and educational institutions, making it attractive for both students and professionals. A buyer's premium of 1% VAT applies, with terms and conditions available upon request.