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Plato House Cloud Student Homes, 11... Studio for sale
Plato House Cloud Student Homes, 11 Greek Street, Merse L3
£250,000
Plato House Cloud Student Homes, 11 Greek Street, Merse L3
£250,000
Price History
Initial price | £350,000 |
18/07/25 | £250,000 |
Price Change | -28.57% |
Description
This is an exceptional investment opportunity in the thriving Purpose-Built Student Accommodation (PBSA) market, offering a portfolio of 5 fully managed, high-yielding studios within the sought-after Plato House. With a 999-year lease and a 7.18% net yield, this investment provides secure, long-term income and aligns with the rising demand for stable, pcv-protected student properties. Each modern studio features a private kitchenette, en-suite bathroom, study desk, and high-speed WiFi, providing students with a comfortable and convenient living space. The property benefits from strong occupancy rates, hands-off management, and a proven track record in student lettings, making it an ideal portfolio addition. With a gross rental income of £8,304 per annum and a management fee of 9% of gross rental income, this investment offers a lucrative return on investment.