For Sale

Leeds – Student Investment and Development Opportunity

Offers in excess of £3,880,000

Property Types:
Portfolio, Development Opportunity, Student
Sub Type:
Student Accommodation
Tenure:
Freehold

Description

  • Four Freehold properties comprising 52 bed spaces within 18 self-contained flats
  • All properties are located on Hyde Terrace neighbouring the University of Leeds campus
  • Investment opportunity: 24 & 26 Hyde Terrace providing 22 bed spaces
    • Fully let with a contracted gross income: £136,240 (2018/2019
    • Fully let for the next academic year: £141,960 (2019/2020)
    • Strong rental history, full occupancy since conversion in 2012/2013
    • All ensuite bed spaces
  • Development opportunity: 36 & 38 Hyde Terrace providing 30 bed spaces
    • Currently let with a contracted Gross Income: £128,232
    • Vacant possession as of Academic Year 2019/2020
    • Excellent development opportunity
  • We are seeking offers for individual properties or for the entire portfolio
  • Offers are invited in excess of £3,880,000 for the portfolio in its entirety subject to existing tenancies, management agreement (24 & 26 Hyde Terrace) and subject to contract. Individual asking prices are outlined in the dedicated website: www.leedscampusportfolio.com