Student apartment - 272 Chapel Street, M3 5JZ

Détails

8.5% - 10% NET YIELD (2024-2025 Term) - STUDENT APARTMENT

X1, 272 Chapel Street is a purpose built cluster student accommodation property whereby a number of rooms share a kitchen / living space but include their own en suite shower room.

Each property has access to an on-site gymnasium, communal courtyard and well-appointed laundry room.

All utilities are included in the price of the service charge.

This is an ideal hand off investment providing an increasing yearly yield starting at 7.5%-9% Net as of September 2024. with this being set to increase yearly.

This particular property is self-contained with its own kitchen area.

THIS IS FOR THE BEDROOM / BATHROOM / KITCHEN AREA - SELF CONTAINED UNIT

AUCTION TERMS

As this property is being sold by auction it is subject to an immediate exchange of contract upon successful bidding. This means a deposit in the amount of 10% of the purchase price, subject to a minimum of £5,000 is due immediately upon being the winner of the auction, this deposit will be taken away from the balance due upon completion. The sale of this lot is subject to an auction fee of 1.5%+VAT subject to a minimum of £2,500+VAT, this payment is due at the end of the auction.

To participate in the auction, a holding charge of £1,000 will be put on your debit card, by our payment facilitator “Stripe”. This payment will go towards your outstanding balance if you win the property. If you are not the winner of the auction, NO FUNDS WILL LEAVE YOUR ACCOUNT.

• Self Contained Studio (Largest in block) • Sleeping / Living Area • Private Kitchen • Private Shower Room • Superb Investment Opportunity • Auction