High-yield fully furnished pad ideal for student rental or buy-to-let income.
Fully furnished studio, about 302 sq ft, ready for immediate let
Communal facilities: lounge, games room, study, laundry, bike storage
Excellent transport links; within walking distance to local universities
High quoted gross yield (26.23%); net yield reported 11.69%
Tenure not stated — buyers must verify ownership details
Located in a very deprived area with high recorded crime rates
Heating via electric room heaters; electricity main fuel source
May be in a selective licensing area where additional charges apply
This compact, fully furnished studio sits within the restored St Cyprians development and is aimed at investors targeting the student market. At about 302 sq ft it offers immediate lettable space with communal facilities including lounge, games room, study area, laundry, bicycle storage and on-site team — amenities that support strong rental demand from nearby universities and hospital.
Financial figures supplied indicate a gross rent of £9,180 and a quoted gross yield of 26.23% (net yield 11.69%). The combination of immediate income and high reported yield makes this an attractive buy-to-let proposition for investors seeking an income-producing asset in a student neighbourhood.
Buyers should note several material drawbacks: the property sits in a very deprived area with high recorded crime rates; the tenure is not stated and must be confirmed; heating is by electric room heaters and main fuel is electricity; and the apartment is small and may require regular turnover management given its student focus. The property may also fall within a selective licensing area where additional charges apply.
Overall, this is a high-yield, low-footprint investment suited to investors experienced in student lets or landlords prepared for higher-management intensity. Confirm tenure, licensing obligations and running costs before purchase.
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