Income-producing six-bed opposite Royal Holloway, ready for investor refurbishment.
Six bedrooms, three shower rooms across three floors
A compact six-bedroom student-let directly opposite Royal Holloway University, currently achieving £3,600pcm (£43,200pa). The property is freehold, arranged over three floors with a shower room on each level, a rear garden and a living room. Double glazing was installed after 2002 and heating is by mains-gas boiler and radiators.
This makes an immediate income-producing opportunity for an investor targeting the student market; the current rent equates to an approximate gross yield of about 7.6% at the asking price of £565,000. The building dates from the early 20th century with a distinctive façade and period character that helps with curb appeal to tenants.
Buyers should note the house is small overall and shows visible wear; internal decor and some fixtures are dated and will need investment. Walls are original solid brick with assumed no added insulation, so energy-efficiency improvements may be required to reduce running costs and future-proof the asset.
Practical considerations: the area records above-average crime and the plot is small, so outside space is limited. The property’s location opposite campus is its principal value driver for stable student demand, but management and refurbishment costs should be factored into returns.
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