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13 bedroom tenanted student house, return 10pct already rented for next year (£399,950)
This is a 13 bedroomed, well established student house in a popular area of Sheffield. Sheffield has one of the UKs largest student populations, and this attracts tenants from both its universities. The house is totally full for next year, tenancy agreements are in place for 2008-09 for a total rental income of £39,681. These are all full 12 month tenancies with no discount periods. There are 2 kitchens, 4 showers, 5 WCs and 2 living rooms. Also possibilities for expansion, subject to all consents, for a further 2 bedrooms and a further 2 living areas. See http://www.lamphurst.co.uk/heavygate for room sizes and other details. Notes: (1) Rent includes gas, water and electricity bills. (2) As this property stands on only 2 floors there is no requirement for a mandatory HMO licence.
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