0 Bedrooms Studio for sale in Woodgate, Loughborough LE11 | £ 62,000
Overview
| Price: | £ 62,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Studio |
| County: | Leicestershire |
| Town: | Loughborough |
| Postcode: | LE11 |
| Address: | Woodgate, Loughborough LE11 |
| Bathrooms: | 1 |
| Bedrooms: | 0 |
Property Description
We are pleased to present this fantastic investment opportunity in the new student development The Foundry 2.
The Foundry provides students with a modern and luxurious accommodation choice situated perfectly within walking distance to the university campus fantastically situated in the town centre. The development features a 24 hour help desk, communal gardens and wifi, which is no surprise as to why it is the most popular development in the area helping investors to capitalise on the student market.
Loughborough is the home of a top-ranking, internationally renowned university which boasts a 17,000 strong student population. The city has growing appeal to international students the demand for purpose built accommodation has never been higher. As well as Loughborough’s redevelopment programme which will include a £5m railway station development initiative and a further £8m by the llep – a cash injection that will create a 1,200 new jobs locally boosting economy further.
This investment represents a great opportunity for investors to purchase a student unit that will undoubtedly remain in high demand for years to come – from both national and international students alike.
This is a luxury and lucrative investment not to be missed.
Financial Breakdown
Assured rent: £4,945
Ground rent: Included*
Service charge: Included*
Lettings fees: Included
Assured income: £4,945
Assured until: Aug 2026
Assured yield: 7.98%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-13080
Property Location
Property Marketed by Yieldit
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