Room 216, The Print House, 58 Woodgate, Loughborough, Leicestershire, LE11 2QD
Room 216, The Print House, 58 Woodgate, Loughborough, Leicestershire, LE11 2QD
The property fronts Woodgate, between South Street and High Street, in the centre of Loughborough, less than 1 mile from Loughborough University Campus.
A student investment pod within a purpose built student accommodation block with modern shared kitchen-dining facilities, common room, laundry room and bike store. The pod features a bed and built in desk furniture with a separate modern shower room. The property is tenanted and producing a rent of £4,090 for the current academic year. Net profit for the development as a whole is distributed between all owners/investors, rather than rental income, and we are advised it was £980 for the tax year to 5 April 2022 for the subject property.
| Bedroom/Living Area with En-suite Shower Room |
We understand the property is held by way of a 250 year lease from 1 January 2014 at a ground rent of £300 per annum.
The property is let by way of an Assured Shorthold Tenancy agreement at a rent of £4,090 for the current academic year (48 weeks).
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST JUNE AND CLOSES ON WEDNESDAY 22ND JUNE.
3. Energy Performance Certificate = TBC.
4. Photos taken from developers website prior to occupation.
5. https://www.urbanstudentlife.com/student-accommodation/loughborough/the-print-house
