Investment For Sale
Somerset Road, Huddersfield

Description

• RESIDENTIAL INVESTMENT OPPORTUNITY
• Gross Rental Income £25,116 per annum
• Initial Yield based on Asking Price 8.5%
• Attractive stone built terrace providing 5 student bedrooms with shared kitchen and bathroom facilities
• The property is well positioned within walking distance of the University complex and Huddersfield town centre
• This is an accessible location close to amenities within the nearby district of Aspley
• Let for 12 months from 14 June 2023.
• EPC Asset Rating E

The property comprises an attractive stone built end of terrace property which has been converted to provide 5 student bedrooms and is available to acquire as an income producing residential investment opportunity. The property is fully let under a single tenancy generating an income of £25,116 per annum, plus contributions towards electricity. The property is ideal for ongoing letting to the student sector, being positioned in close proximity to local amenities, the University complex and the town centre, and has the benefit of shared bathroom and kitchen facilities.