Student Room Investment South Yorkshire S10

Auction Date 17 July 2024
Guide Price £15,000
Property Summary

Guide Price £15,000+. A single student room being part of this impressive landmark building located a close walk from the main Sheffield University campus. The room is let by way of an Assured Shorthold tenancy at £411.67 pcm resulting in a gross annual income of £4,940.04pa, with the buyer having the benefit of ongoing management with Cobourg. Taking into account the service charge and management fees, the net income gives a return in the region of 10%.

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