Hassells Bridge_Pand te koop
Hassells Bridge_Pand te koop
Hassell Street, Newcastle-under-Lyme, ST5 1BF, UK

Hassells Bridge

Objectomschrijving

Modern student accommodation block providing 45 units (of which 8 are sold long leasehold) providing 92 beds.

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Kenmerken

Aantal eenheden
45
Bedden
92
Bezettingspercentage
100%
NOI
€ 362.000
Vraagprijs
€ 5.700.000

Media

Investeringskenmerken

  • Large student population in Newcastle Under Lyme and surrounding area, attending Keele and Staffordshire Universities, Newcastle Under Lyme College, Stoke on Trent College and City of Stoke on Trent Sixth Form College
  • Historically well-let block with 100% of units already let ahead of the 2024/2025 academic year and a current 100% occupancy rate
  • Excellent central location near the town's facilities, benefitting from east access to the surrounding universities and colleges
  • Complex is not restricted to student use - suitable for BTR investors
  • Gross income of £641,074.72 per annum contracted for 2024/2025 academic year and estimated net operating income of £301,175 per annum
Hassells Bridge 4_Pand te koop
Hassells Bridge 4_Pand te koop

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Laatst bijgewerkt
4 nov 2024