Initial price	£55,000
18/09/24	£50,000
Price Change	-9.09%

This studio apartment in a purpose-built student accommodation building is being sold as an "hands off" investment opportunity. The apartment is furnished and currently let for 51 weeks from September, generating a gross rental yield of 13.62% and a net rental yield of 8.93%. The building offers communal areas, including a lounge, study space, laundry facilities, and bike storage, and is located close to local amenities and travel networks. The sale is being conducted through the Modern Method of Auction, with a reservation period of 56 days. Viewings are highly recommended, and the property is being sold with no chain involved.