Danhamz are delighted to offer this spectacular investmnet opportunity of a currently tenanted block of 38 bed spaces spread across 11,3 and 4 bed cluster flats, with full planning permission for a new modern block of 53 high quality bed spaces split over a mixture of both student and professional accommodation. Ideally situated in Hyde Park close to the Universities and Leeds City Centre.
Each flat is currently rented out to students at £78 per room per person (£155,000 per Annum at present) giving a rental yield of approx 8%.
Subject to quality of the new build the potential after rebuild is £220,000 per annum. (giving a rental yield of 11%)
Rental guarantee is also available through Danhamz.(To be discussed)