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Canalside Halls of Residence Firth St 44 Unit Shared Accommodation £2,100,000 (£47,727/Unit) 11.62% Net Initial Yield Huddersfield HD1 3BL
INVESTMENT HIGHLIGHTS
- Purpose built block of 44 bedrooms across 11 cluster flats
- Located in close proximity to University of Huddersfield campus
- Low operational costs
EXECUTIVE SUMMARY
The property comprises a purpose built student accommodation block having a total of 44 letting rooms across 11 flats.
The was constructed in circa 2012 by the current manager. Accommodation is broken down into a mixture of 4 and 5 bedroom cluster apartments and x1 one bedroom flat.
The building has been managed by the original developer since completion with annual insurance and utility costs of around £37,560 with a return from the solar panels of circa £5,400.
The was constructed in circa 2012 by the current manager. Accommodation is broken down into a mixture of 4 and 5 bedroom cluster apartments and x1 one bedroom flat.
The building has been managed by the original developer since completion with annual insurance and utility costs of around £37,560 with a return from the solar panels of circa £5,400.
PROPERTY FACTS
| Price | £2,100,000 | Property Subtype | Shared Accommodation |
| Price Per Unit | £47,727 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Costar Property Class | B |
| Yield | 11.62% | Total Plot Size | 0.19 ac |
| Tenure | Freehold | Property Size | 33,000 sq ft |
| No. Units | 44 | No. Floors | 4 |
| Property Type | Build-to-Rent | Year Built | 2012 |
| Price | £2,100,000 |
| Price Per Unit | £47,727 |
| Sale Type | Investment |
| Yield | 11.62% |
| Tenure | Freehold |
| No. Units | 44 |
| Property Type | Build-to-Rent |
| Property Subtype | Shared Accommodation |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.19 ac |
| Property Size | 33,000 sq ft |
| No. Floors | 4 |
| Year Built | 2012 |
AMENITIES
- EPC - A
- EPC - B
- EPC - C
UNIT AMENITIES
- Storage Space
- Kitchen
SITE AMENITIES
- 24 Hour Access
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 43 | - | 398 |
| 1+1 | 1 | - | 538 |
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Canalside Halls of Residence | Firth St
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