Summary - 5, Furzehill Road PL4 7JY
1 bed 1 bath Studio
Fully furnished, managed studio with strong rental return for cash investors.
Ready-tenanted for 2025 academic year — income from completion
A ready-made student investment in a converted Grade II listed building, offered tenanted for the 2025 academic year and generating income from completion. The studio is furnished to a high standard, includes a kitchenette and en-suite, and benefits from on-site communal facilities such as a gym and common room aimed at student tenants. The advertised gross yield is 16.1% with an approximate net yield of 8.61%, reflecting strong income potential for cash investors.
Buyers should note material constraints: the property sits within a listed building, which can restrict alterations and may complicate maintenance or conversion work. It is advertised as ineligible for mortgage finance under lease restrictions and therefore available to cash buyers only. The local area is classified as a student neighbourhood with above-average crime levels and higher deprivation, which may affect long-term capital appreciation and management needs.
The building dates from before 1900 with sandstone walls likely lacking insulation and original features that may require ongoing upkeep. Management is in place and the development is described as popular, which supports the hands-off investor proposition, but purchasers should verify service charges, management agreements and any listed-building obligations before committing. Photos shown may be of a show flat and not the exact unit offered.
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