16 studio apartment buy-to-let investment in Leicestershire.
Fully renovated offering a 10% rental yield with the option of full management.
These well-presented, bright and airy properties would make the perfect investment purchase with an annual achievable rental income of £120,000 based on an estimated rent of £500-£625 pcm per apartment.
This project comprises of two adjoining properties, the first property having undertaken a complete renovation to provide 10 self-contained 1 bed studio apartments and the second property being a new build providing a further 6 self-contained 1 bed studio apartments.
Key Investment Highlights
10% rental yield
New build and newly refurbished to a high standard
Rental income of £500-£625 pcm per apartment
16 self-contained 1 bed apartments with kitchenette and en-suite showers
HIgh rental demand
Full management program if required
There is an opportunity to shape your new business depending on the target market including a sound student accommodation property beyond the current standard comprising a bedroom area, living area, own kitchenette and en-suite shower room with a shared entrance lobby and postal area situated on the ground floor.
There is further scope to increase the offering and increase revenue by adding to the current project with potential for managed reception, wifi and additional facilities including a fridge and microwave and common rooms which would increase the achievable rental income dramatically.
Estimated Annual Return
Number of studio apartments
Projected monthly rental charge per apartment
Projected annual gross income
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including floorplans or financial packages available for
this investment please email firstname.lastname@example.org with
your name, contact details and if you would like details or
to arrange a viewing.
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Big Roar use live market data to understand the revenue potential of each short-term serviced apartment across the country. Exploring the supply and demand as well as utilising pricing software to determine the ADR to compliment independent market research.
* Pricing software are based on live markets and prices fluctuate hour by hour.