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Studio
Plato House Cloud Student Homes, 11 Greek Street, Merse L3
£49,000
Plato House Cloud Student Homes, 11 Greek Street, Merse L3
£49,000
Price History
Initial price | £350,000 |
18/07/25 | £250,000 |
03/08/25 | £49,000 |
Price Change | -86.00% |
Description
This exceptional investment opportunity offers a fully managed, high-yielding studio in a prime student location, providing a reliable income stream. The property, located in Plato House, features modern, self-contained living with a private kitchenette, en-suite bathroom, study area with high-speed WiFi, and access to premium communal facilities. With a 999-year lease from 2015, the property generates a gross rental income of £8,304 per annum, resulting in a gross yield of 16.95%. The investment requires minimal involvement, with a management fee of 9% of gross rent, and offers a secure and income-generating asset in the growing Purpose-Built Student Accommodation market.