The Details
Floorplans Fees apply: Our fees Property ref: 12624300 Council tax band: C
- Investment Opportunity
- 7 Bedroom Licensed HMO
- Future Proof Property
- Current Student Tenancy in Place
- Let Agreed for 2025-26 Academic Year Also
- £54,600 PA Rental Income
- Huge 8.9% Gross Yield Potential
- EPC: C
- Council Tax Bad: C (currently exempt owing to student occupancy)
- Asking: £615,000
Coapt are pleased to present this substantial, high returning, future proofed investment property
Presently tenanted with student occupiers, with a subsequent let agreed ahead of the 2025-26 academic year, the property has guaranteed and lucrative income assured through to summer 2026. The gross rental return at £4550.50 pcm produces an unprecedented 8.9% gross yield in the first year, with future rental growth forecast.
Further to this, by already possession an EPC rating of "C" the property is protected from the looming rise of minimum ratings, saving future expense which many other investment properties will suffer.
Perfectly located just off of Elm Grove, Bernard Road is one of the most sought after parts of the City, This, combined with the property's neat presentation and offerings ensure the house is amongst the top performers in the local student rental market. The property offers stress free rental each year, with continued rental growth in-line with market conditions. Further to this, owing to its appeal to a range of demographics, the property retains high value, and thus additional re-sale options to a range of markets, including owner-occupiers. This ensures an easy and high value exit strategy if required.
For further details, please contact our specialist HMO Sales team.
What's nearby?
- Bars
- Cafés
- Convenience Stores
- Dentists
- Doctors
- Hospitals
- Laundries
- Libraries
- Off Licenses
- Night Clubs
- Pharmacies
- Post Offices
- Train Stations
- Universities
Please note that any places of interest are from Google Places, we can't guarantee their accuracy or relevance, and Coapt does not endorse them in any way.