£300,000
4 bed property for saleAdam Dale, Loughborough, - Investment Property LE11
4 beds
2 baths
1 reception
EPC Rating: C
Added on
About this property
Investment Property
Four Bedrooms
Two Bathroom
Let To Four Students
Income Of £2,253.32 Ex Bills
Yield of 9.01 %
Less Thank 0.5 Mile To University
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EPC Garde : C - Freehold
Investment property
Situated on the popular Kingfisher Estate, just off Forest Road in Loughborough, this really modern four-bedroom student investment property is ideally located less than half a mile from the university. Benefitting from a superb letting history, the property also has a Lawful Development Certificate (ldc) issued by Charnwood Borough Council, confirming its established use in accordance with the relevant planning requirements.
Currently let to four students, the property generates a monthly rental income of £2,253.32 (excluding bills), producing an attractive gross rental yield of 9.01%. With its modern accommodation, excellent location and established rental income, this represents a fantastic opportunity for investors seeking a property in the popular Loughborough student market.
The accommodation comprises an entrance hall, a modern open-plan lounge and a fitted kitchen with dining area to the ground floor. To the first floor, there are two double bedrooms and a shower room, with a further two bedrooms and an additional shower room located on the second floor.
Externally, the property benefits from an enclosed rear garden, a front pathway leading to the entrance and a gravelled area to the side. Further benefits include off-road parking and a single garage.
Investment properties of this calibre, offering modern accommodation, an established student letting history and a gross yield of 9.01%, rarely come to the market. Contact us today to arrange your viewing and avoid missing out on this fantastic investment opportunity.
Article 4
The property hold a ldc certificate that has been issues by Charnwood Borough Council.
Tenure Ms
Freehold
Council Tax Band Ms
Charnwood Borough
Council Tax Band : C
Viewings Ms
Please contact Julie, Lauryn or Henry at our office to arrange your viewing.
All viewings are by appointment only.
Services Ms
Mains water, gas and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by us, who gives no warranties as to their condition or working order. Telephone subject to suppliers regulations.
Valuations Ms
If you have a property to sell please contact us to arrange your free valuation.
We can be contacted Monday - Friday 9am - 5pm or Saturdays 10am - 3pm.
Fixtures, Fittings & Appliances Ms
The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.
Photographs Ms
Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.
Measurements Ms
Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.
Money Laundering Ms
Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving licence and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.
General Note Ms
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the
Hours Of Business Ms
Our office is open Monday to Friday 9am - 5pm
Saturday 10am - 3pm.
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