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Devonshire House 1 Devonshire Ln 45 Unit Shared Accommodation £3,500,000 (£77,778/Unit) 10.30% Net Initial Yield Loughborough LE11 3DF
INVESTMENT HIGHLIGHTS
- The property consists of 14 self-contained flats
- Loughborough University within walking distance
- Centrally located in Loughborough town centre
EXECUTIVE SUMMARY
Centrally located in Loughborough town centre, with Loughborough University within walking distance.
The property consists of 14 self-contained flats, comprising 2 studios and 43 en suite bedrooms in clusters; in total the Property provides 47 bed spaces.
The property consists of 14 self-contained flats, comprising 2 studios and 43 en suite bedrooms in clusters; in total the Property provides 47 bed spaces.
PROPERTY FACTS Sale Pending
| Price | £3,500,000 | Property Subtype | Shared Accommodation |
| Price Per Unit | £77,778 | Costar Property Class | B |
| Sale Type | Investment | Total Plot Size | 0.55 ac |
| Yield | 10.30% | Property Size | 9,961 sq ft |
| Tenure | Freehold | No. Floors | 4 |
| No. Units | 45 | Year Built | 1880 |
| Property Type | Build-to-Rent |
| Price | £3,500,000 |
| Price Per Unit | £77,778 |
| Sale Type | Investment |
| Yield | 10.30% |
| Tenure | Freehold |
| No. Units | 45 |
| Property Type | Build-to-Rent |
| Property Subtype | Shared Accommodation |
| Costar Property Class | B |
| Total Plot Size | 0.55 ac |
| Property Size | 9,961 sq ft |
| No. Floors | 4 |
| Year Built | 1880 |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Storage Space
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 2 | - | 419 |
| 1+1 | 43 | - | 538 |
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Devonshire House | 1 Devonshire Ln
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