This well-positioned property presents a compelling investment opportunity within one of the city’s most popular student neighbourhoods, located immediately beside the main University campus (Main Arts).
The property is currently occupied and producing a rental income of £700 per calendar month excluding utilities, offering an investor instant returns upon completion. Historically configured as a four-bedroom HMO, the property provides clear scope for value enhancement, subject to the necessary HMO licensing and refurbishment works.
Once upgraded and licensed, the property has the potential to deliver a significantly higher income of up to £1,900 per calendar month (utilities included). This projection is based on renting to four students at £110 per week per room on a typical 11-month student contract.
With demand for student accommodation in this location remaining consistently high, the property offers an excellent opportunity for investors seeking to improve yields while securing long-term growth in a well-established student rental market.
4.19 x 2.33
3.96 x 3.73
4.19 x 2.33
3.91 x 3.64
3.05 x 2.31
3.91 x 2.85
2.23 x 1.77
Some similar properties which may be of interest