Initial price	£295,000
08/05/24	£285,000
Price Change	-3.39%

This is an investment opportunity to purchase a fully managed, six-bedroom student let in a modern apartment block. The apartment is on the sixth floor and boasts a communal lounge/kitchen/diner and six en-suite bedrooms. The property is managed by a professional management company, which covers marketing, maintenance billing, and full rent collection. The annual fee also includes a sink fund to refurbish the property each year. The apartment is currently let for the 2023/2024 academic year at £118 per room for 48 weeks, generating a gross income of £33,984 and a gross yield of 11.52%. The net income is £16,176.81 per year.