Property description

GUARANTEED 7% NET RENT RETURN FOR FIVE YEARS
Wolf’s are pleased to offer to the market this fantastic investment opportunity set in the highly regarded Student Accommodation known as Aspect 3. The development has in excess of 400 bedrooms, set up as shared living areas and kitchens, with this particular apartment having 5 bedrooms all with en suite and measuring in excess 1000 sq ft.
There are features throughout the development that add to the benefit for residents, such as Nature Walls/ Green Walls & landscaped courtyard, shop facilities, reception, management suite, common room and laundry facilities all within the development.
Currently producing 8.7% gross return on investment at a passing annual rent of £20,555
The associated charges for the running of this property/ investment are;
Service Charge - £4,111
Ground Rent - £250
The property was given a 125 year lease in 2008.
The rent is paid in three instalments throughout the year.
For more information or to arrange access, please contact Wolf’s Estate Agents – Birmingham City Centre – 0121 633 4455