For Sale

Southampton – Student investment portfolio

Property Types:
Portfolio, Residential
Tenure:
Freehold

Description

  • 101 letting rooms across 3 buildings
    • Fairchild House – 45 studios
    • Andromeda House – 36 studios and a 2 bed cluster flat
    • Mayfield House – 18 studios
  • Fully let for the Academic Year 2017/2018
  • Total Current Gross Rent Reserved: £834,423.75
  • Gross Initial Yield: 8.69%
  • All flats fully furnished benefitting from double bed, kitchenette and en-suite facilities

Offers in excess of £9,600,000 are invited for the entire portfolio subject to all existing tenancies and contract. 

Individual offers for each property will also be considered:

  • Fairchild House – Offers in excess of £4,150,000
  • Andromeda House – Offers in excess of £3,750,000
  • Mayfield House – Offers in excess of £1,700,000

Subject to contract