GROWTH POTENTIAL
4.15%
NET RENTAL YIELD
5.30%
This 4 bedroom semi-detached house is situated in the Leeds student heartland. Due to its close proximity to two different University campuses it can generate a lot of rent as it is very popular with students. The rental history for this property is as follows: £15,909 in 2014/15, £15,909 in 2015/16, and in 2016/17 it was off the market for the house to be refurbished and for garden to be landscaped. For 2017/18 and 2018/19 the property was rented out for £19,842.
The property itself is located in an area, Burley, which is popular with students already as there are three different campuses within a 1.5 mile radius. Furthermore, 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 has been recently renovated which will make keep it an attractive proposition to students for the foreseeable future.
The management of 8 Eden Gardens 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.
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