For Sale

Huddersfield – Premium quality student investment opportunity providing 179 fully let studio apartments

Oldgate House, 2-4 Oldgate, Huddersfield, HD1 6QF

Offers in excess of £14,000,000

Property Types:
Residential, Student
Sub Type:
Student Accommodation
Tenure:
Freehold

Description

  • Freehold student investment comprising:
    • 179 studios
  • Currently fully let
  • Total Current Gross Rent Received: £1,256,450
  • Estimated Rental Value (assuming fully let on 51 week tenancies): £1,298,197 per annum
  • Gross Initial Yield (based on the ERV): 9.27%
  • Recently redeveloped to a high standard
  • Premium accommodation, including a large communal lounge, on site gym, cinema, bike storage and car parking
  • Located within a five minute walk of the University of Huddersfield

Offers in excess of £14,000,000 are invited for the Freehold interest, subject to existing tenancies and subject to contract

Subject to contract