Summary - Flat G43, Spring Place Student Halls, 4 Dumfries Street LU1 5FT
1 bed 1 bath Flat Share
Low-cost, high-yield ensuite room in a modern city-centre student cluster, cash-only sale..
Let at £620pcm until March 2025
Advertised gross yield approximately 11.2% at asking price
Fully furnished ensuite studio with inclusive bills
Concierge, gym and communal launderette on site
Built 2017; modern construction and secure bike storage
High local crime rate; area described as very deprived
Leasehold tenure and cash-only purchase required
Mixed residential/student use — demand linked to universities
A compact, fully furnished ensuite room in a modern 2017 purpose-built student cluster, offered as a cash-only investment. The unit is part of a busy city-centre complex with concierge, gym and communal facilities; utility bills including WiFi are included in the tenant rent. Room 304 is currently let at £620pcm until March 2025, producing an advertised gross yield around 11.2% at the asking price.
This is a hands-off option for an investor seeking immediate rental income: the property is fully managed and benefits from high demand in a popular student and young-professional neighbourhood. The building’s recent construction and communal amenities make it attractive to lettings markets, with secure bike storage and launderette onsite.
Buyers should note material risks plainly: the area is described as very deprived with a high local crime rate, and the sale is leasehold/cash-only. The property is part of mixed residential and student accommodation, so capital growth may be linked to student demand and local regeneration rather than long-term owner-occupier markets.
Suitable for investors targeting guaranteed short-term income from student lets, this room offers immediate returns but requires acceptance of the location’s social and tenure-related drawbacks. Verify lease length, management terms, and post-2025 occupancy plans before committing.
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