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Southampton – Student investment portfolio
- Property Types:
- Portfolio, Residential, Student
- Tenure:
- Freehold
Fairchild House
Mayfield House
Andromeda House
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