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Arranged over Ground, First, Second and Third Floors.
Located 0.4 miles from Motspur Park Station, which offers direct access to Waterloo in 22 minutes.
Each bedroom has an en-suite bathroom and there are10 shared kitchens throughout.
GIA - 8,767 sq ft.
Total expected rent for 2024/25 is £544,680 pa.
Current operational costs circa £80,000 pa.
The property was fully let in 2023/2024.
The property was newly refurbished in 2019.
Freehold.
Guide Price - £6,000,000 (Six Million Pounds) which reflects an attractive Gross Yield of 9.07% and Net Yield of 7.26% against the expected rent for 2024/25. Back to listing
Full details for 40 Bedroom Property For Sale in New Malden
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Description
A student accommodation investment comprising of 40 en-suite bedrooms.Arranged over Ground, First, Second and Third Floors.
Located 0.4 miles from Motspur Park Station, which offers direct access to Waterloo in 22 minutes.
Each bedroom has an en-suite bathroom and there are10 shared kitchens throughout.
GIA - 8,767 sq ft.
Total expected rent for 2024/25 is £544,680 pa.
Current operational costs circa £80,000 pa.
The property was fully let in 2023/2024.
The property was newly refurbished in 2019.
Freehold.
Guide Price - £6,000,000 (Six Million Pounds) which reflects an attractive Gross Yield of 9.07% and Net Yield of 7.26% against the expected rent for 2024/25. Back to listing
