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Well positioned for Christchurch Uni

Great investment opportunity

Let for the academic year

Accredited accommodation

Competitively priced for a quick sale

1 of 6 houses available in the local area

A student let property ideal for Christchurch University. Arranged as accredited, student accommodation occupied and let for the next academic year. This is a great opportunity to add an established property to a portfolio for a professional Landlord, or an easy ongoing let for a buyer looking to enter the market and with an approximate gross yield of 7% (based on figures provided by the managing agent for a 12 month let), the property is sure to attract a lot of attention

The property will be sold with tenants in situ as an ongoing investments and NOT vacant possession. The properties are managed by a specialist student accommodation agent, and viewings will be strictly by appointment and only after proper notice is served to the tenants.

This house has 4 letting rooms plus shared living room, kitchen and bathroom.

Lease: 99 years from 2001
Service charge & Ground Rent combined: Approx £1,000 PA

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k(Percentage rate 0 %)

Above £125k and up to £250k (Percentage rate 2 %)

Above £250k and up to £925k (Percentage rate 5 %)

Above £925k and up to £1.5m (Percentage rate 10 %)

Above £1.5m (Percentage rate 12 %)

Up to £300k(Percentage rate 0 %)

Above £300k and up to £500k(Percentage rate 0 %)

*This is for illustrative purposes only
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Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.