Property Details: • Type: Studio • Tenure: LEASEHOLD • Floor Area: N/A

Key Features: • Ideal investment opportunity • Student accommodation • 5 Bedrooms with ensuites

Location: • Nearest Station: Bradford Forster Square Station • Distance to Station: 0.7738370596935025 miles

Agent Information: • Address: Meridian House Wheatfield Way Hinckley LE10 1YG

Full Description: <p>EPC band: C<br /></p><p style="font-size:11pt"></p><div><div><div><div><p>This student accommodation listing is appealing for investors due to its strong rental demand, comprehensive facilities, and fully tenanted status.</p><p><strong>Private, Self-Contained Rooms</strong>: </p><p>Five private rooms, each equipped with its own en-suite bathroom. </p><p>Individual privacy for tenants while retaining communal benefits. </p><p><strong>Modern, Shared Amenities</strong>: </p><p><strong>Kitchen/Dining Area</strong>: Large, fully fitted, and modern, fostering community living. </p><p><strong>Laundry Facilities</strong>: Dedicated laundry room with washers and dryers, a convenience for tenants. </p><p><strong>Communal Area</strong>: A spacious room with a pool table, ideal for socializing and entertainment. </p><p><strong>On-Site Management</strong>: Reception staffed during the day, ensuring tenant queries and issues are addressed promptly. Emergency personnel on-call 24/7, providing added security and peace of mind for residents and parents. </p><p><strong>Prime Campus Location</strong>: Centrally located, enhancing desirability among students. Well-maintained and managed, increasing its reputation and retention rates. </p><p><strong style="font-size:1.266rem">Investment Potential</strong></p><ul><li><strong>Consistent Revenue</strong>: The property ensures immediate returns.</li><li><strong>Low Vacancy Risk</strong>: Proximity to campus and superior facilities appeal to a broad student demographic.</li><li><strong>Professional Management</strong>: High-standard maintenance reduces operational hassles for investors.</li></ul><p>This opportunity combines modern amenities, robust management, and strategic location, offering a solid foundation for a reliable income stream and potential capital appreciation.</p></div></div></div></div><p><span style="font-size:11pt"></span></p><p></p><p style="font-size:11pt"><span style="font-size:11pt">Each room paying £90/95 per week making this an impressive 15% yield. </span><span style="font-size:11pt"> </span><br /></p><p style="font-size:11pt"><span style="font-size:16px">Lease term - 199 years from 1 January 2008</span><br /></p><p><span style="font-size:16px">Service charge - £9,603 Annually</span><br style="font-size:16px" /><span style="font-size:16px">Ground rent - £62.50 Quarterly  </span></p><p><br /></p><p style="font-size:11pt"><br /></p><p><br /><br /></p><p><br /></p><p><b>Disclaimer</b></p><p>Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.</p><p><b>Money Laundering Regulations</b></p><p>Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.</p>