**low leasehold costs | £7,500 annual rental income | 5.6% net yield
Vision Properties are delighted to offer this well presented one-bedroom apartment in Dene House Court located within easy reach of both Universities, lgi & St James’ Hospitals. The property is currently let until July 2023, achieving £7500.00 per annum and generating a gross yield of 6.25%.
Ideal for both investors or parental buyers, Dene House Court provides students and young professionals easy access to both Universities, City Centre and hospitals. The property also benefits from an allocated parking space, low leasehold costs and a long lease length.
**low leasehold costs | £7,500 annual rental income | 5.6% net yield
Vision Properties are delighted to offer this well presented one-bedroom apartment in Dene House Court located within easy reach of both Universities, lgi & St James’ Hospitals. The property is currently let until July 2023, achieving £7500.00 per annum and generating a gross yield of 6.25%.
Ideal for both investors or parental buyers, Dene House Court provides students and young professionals easy access to both Universities, City Centre and hospitals. The property also benefits from an allocated parking space, low leasehold costs and a long lease length.
Ground rent - £5.00 per annum
Service charge - £820.00 per annum
Lease years remaining - 974
Therefore, generating an attractive net yield of 5.6%!
The property benefits from a spacious open plan living area, and a large double bedroom.
It briefly comprises:
Entrance hallway with intercom system and useful storage cupboard.
Kitchen – modern kitchen with a range of wall and base units, grey metro tile splash back, laminate worktop, integrated appliances including oven, hob, extractor fan, fridge/freezer and washing machine.
Living Area – open plan living area with carpeted floor, high ceilings and space for dining table.
Bedroom – large double bedroom with new carpet and high ceilings.
Bathroom – modern suite with walk in shower unit, toilet and wash basin.
Council Tax band B