This 5 bedroom terraced house is situated in the Leeds student heartland. The rental history for this property is as follows: £18,457 in 2014/15, £18,457 in 2015/16, £20,277 in 2016/17, £22,394 in 2017/18 and £22,394 in 2018/19.
The property is currently tenanted on a 12 month contract covering the 2018/2019 academic year. The management of 57 Beechwood will be handled by Rentinc, an award winning letting agent, that will not only handle all day to day management but also make sure that the property is let out at the best possible price.
The property itself has been fully refurbished to a high standard, and the 5 bedrooms are spread out over 4 floors. There are 2 house bathrooms, a recently fitted contemporary kitchen and a nice large living room. The property has double glazing throughout.
The demand in the student accommodation market has shown in the recent 2008 recession to be very resilient to rents going down, this particular property demonstrates the rent resilience really well as the rental income has increased by 10% over the last three years.
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This property is currently tenanted for the 2019/2020 academic year. There are no maintenance concerns reported. The property is currently listed to be let out by Parklane Properties for the 20/21 academic year.