12 bedroom block of apartments for sale

Being a similar distance from both the Hospital and University the apartments have proven highly popular rental prospects with young professionals and occupancy rate has consistently run at 100% since being made available with very limited void periods.

The ground floor provides 4, 1 bedroom units each with their individual contemporary open plan living room and kitchen as well as a modern double bedroom and en suite in addition to one 2 bedroomed unit on this floor. The first floor conversion has been recently completed to highlight features from the original chapel and provides 3 larger apartments with similar contemporary living space but 2 bedroomed facility. All the apartments are fitted out to a very high standard including furniture, carpets and kitchen appliances.

Generating a current gross annual income slightly in excess of £100,000 per annum delivering a gross yield of 11.8%.

Although historically all apartments have been inspected by the marketing agents as the property is being sold on an investment basis, and with it being fully let at the time of instruction, it was not possible to view all apartments whilst preparing the marketing details although we have provided details and internal photographs of a typical 1 and 2 bedroomed unit below, prior to its current occupancy. Full access can be made via the selling agents by arrangements with the occupiers enabling buyers to conduct their own research and investigations before committing to any transactional decision.