Buy to let property investement

£1,200,000

 

16 studio apartment buy-to-let investment in Leicestershire.

Fully renovated offering a 10% rental yield with the option of full management. 

Description

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

The Opportunity

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

Estimated occupancy

Projected annual gross income

16

£625

100%

£120,000

Further Information

If you would like further information on this property 

including floorplans or financial packages available for 

this investment please email marketing@big-roar.com with

your name, contact details and if you would like details or

to arrange a viewing. 

Wooden Furnitures

Arrange your viewing today

Viewing is strictly by appointment only.

 

If you would like to arrange a viewing please call the head office on 02039 823 259 or email

our dedicated commercial property team on marketing@big-roar.com

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. 

Further Information

* Pricing software are based on live markets and prices fluctuate hour by hour.

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