Upper Hill Street is a purpose built development completed in 2015 which comprises 29 generous studio flats. The units are furnished, already let and are offered for sale with a two year rental guarantee.
The apartments are located within a short distance from numerous landmark locations within the city as well as popular retail destinations, railway stations and most importantly, two of the cities universities. The demand for accommodation is strong, not only amongst the student community but also the wider private rental market.
With prices starting at £59,995 key facts to note:
No stamp duty payable;
New purpose built building ensuring very low running costs;
Furnished units, already let by a specialist and well regarded agent, within a serviced and managed building ensuring very little hassle or additional outlay;
Guaranteed net yield of 8% for two years, with great potential for higher yields in the future;
Residual builders guarantee giving peace of mind;
Brand new 125 year lease.