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EE Rating
Total views:  1399
Offers invited
£150,000

5 bedroom private hall for sale

Woodgate, Loughborough
Private hall
5 beds
EPC rating: C
Added < 14 days

Key information

TenureLeasehold | 132 yrs left
Council taxBand C

Features and description

  • Investment Opportunity
  • Five Bedroom
  • Student Accomodation
  • Close to Loughborough University
  • Service Charges Apply
Location - Asha House is located on Woodgate, a well-established area on the edge of Loughborough town centre. The property is ideally positioned for access to a wide range of local amenities including shops, supermarkets, cafés and leisure facilities within the town centre. The location is particularly popular with students due to its close proximity to Loughborough University. The area benefits from strong year-round demand for student accommodation, supported by the university’s large and growing student population. The property is also well connected by public transport, with regular bus routes running through the town and Loughborough Railway Station providing direct services to Leicester, Nottingham and London. The nearby A6 and M1 Motorway also provide excellent road connectivity to the wider Midlands region.

Description - The property comprises an apartment situated within a purpose-built student accommodation block. The property is arranged to provide well-configured accommodation designed specifically for student living. Internally, the flat offers five individual bedrooms, together with a communal kitchen/living area, providing shared space for residents. The property also benefits from each bedroom having its own ensuite facilities, with the layout designed to accommodate multiple occupants comfortably. The apartment forms part of a professionally managed student development and represents an established investment opportunity within the strong Loughborough student housing market. With consistent demand from students attending Loughborough University, the property offers the potential for reliable rental income and long-term investment appeal.

Epc - EPC Rating; C

Tenure - This property is Leasehold with 132 years remaining on the lease

Legal Costs - Each party will be responsible for their own legal costs.

Viewings - To arrange a viewing please contact the commercial Team [use Contact Agent Button] or[use Contact Agent Button]

Management - The property management company oversees the maintenance of the building and handles various administrative tasks, including setting rents, service charges, rent collection, and distributing rental income. They disburse 40% of the net rental income in October, another 40% in January, and the remaining 20% in April, aligning with the academic year and resulting in a 46-week contract period. Typically, the occupants of the flats are postgraduate students or individuals pursuing master's degrees. These properties are leasehold, with 132 years remaining on the lease.

Important Information - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course.
Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight.
VAT: The VAT position relating to the property may change without notice.

Income - For details of the annual income and service charge please call the team.

Property information from this agent

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Area statistics

Crime score
High crime
10/10

About this agent

Sheldon Bosley Knight - Commercial
Sheldon Bosley Knight - Commercial
1-3 Merstowe Green Evesham WR10 4BD
01386 324819
Full profileProperty listings
The Commercial Department at Sheldon Bosley Knight has a team of knowledgeable and experienced staff headed by Mark Treadwell, a qualified Chartered Surveyor with extensive local knowledge so that you know the advice you are getting is the best that you can get. The services offered by our Commercial Department include: Commercial agency-advice on the rental value, the sale value and suitability of properties for your business We use a range of websites to promote your property including OnTheMarket, Novaloca and Focus CoStar Probate valuations and reports helping you at a very difficult time dealing with a deceased estate Regulated valuations for bank security and accounting requirements Transferring ownership of property between interested parties. Guiding you through the process of disposing or purchasing a property Development site appraisals we can help you to find a development site to meet your business needs Landlord and tenant advice making the best of a lease situation even when we did not put the tenant into the property. If you have a problem with a lease then we can help Party wall matters a hotly disputed area of property which can be very difficult when dealing with your neighbours. We can help take the ‘personality’ out of these problems Management of commercial property including management of service charges, rent collection and preparation of management accounts relating to the property dilapidations, renewals and rent reviews Production of residential and commercial EPCs. Specialist services that are beyond what you might expect from a commercial agent and provided by Sheldon Bosley Knight: We have excellent technical expertise in dealing with unique commercial property issues providing sound professional advice for each individual circumstance Management of insurance reinstatement projects when the worst happens to your home or business e.g. fire or flood, we can guide you through the process of reinstating the property.
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