Initial price	£78,000
03/05/24	£70,000
18/06/24	£65,000
Price Change	-16.67%

--- This property is a prime investment opportunity for the university student market, offering a luxury, purpose-built student accommodation with a PREMIUM studio apartment. The apartment is managed by a professional company, ensuring a consistent and reliable income stream of £157 per week, with a lease secured from September 2024 to August 2025. The property features a fully equipped kitchenette, a private shower room, and a study area with a double bed, smart TV, and ample storage. Residents have access to a range of communal facilities including a reception, cinema room, gym, garden area, rooftop terrace, concierge service, smart laundry service, and cycle storage. Security is ensured with CCTV, and all bills and high-speed broadband are included in the rental. The apartment benefits from a 125-year headlease, with a service charge/management fee of approximately 32% of the rental income and an annual ground rent of £275. The net income is projected to be over £5000 per annum. It is important to note that the property can only be let to students through the management company. Interested parties are invited to contact Kingswood City Office for further details.