Sold
Freehold Student block fully let for nine consecutive years
Viaduct Works, Ray Street, Huddersfield, HD1 6BB
Offers in excess of £3,650,000
- Property Types:
- Residential, Student
- Sub Types:
- Student Accommodation, Block of Flats
- Tenure:
- Freehold
Description
- Freehold
- Comprising 80 beds within 14 cluster flats:
- 4 x four bed
- 6 x six bed
- 4 x seven bed
- Fully let for the current Academic Year
- Excellent rental history having been fully let for 9 consecutive years
- Currently 96.25% let for next Academic Year
- Estimated Rental Value (fully let): £366,453 pa (2018/19)
- Gross Yield: 10% (ERV)