Opis:

Cardinal House, Property Details

Cardinal House lies within the gated community of the St. Peter’s Urban Village in the Saltley district of Birmingham. This area is popular with students as it’s just a short walk from a range of local facilities including a fitness centre, cafe, social hub and the village green - ideal for sports and recreation. A popular bus link transports resident students to nearby campuses, Birmingham City and Aston University - which are within a one to three mile radius of the development.

The student accommodation development will feature 44, self-contained units situated over three floors. Cardinal House is currently undergoing refurbishment and is due for completion in September 2015. Each property is offered for sale fully furnished with everything a modern student could need including its own en-suite bathroom and kitchenette. The development also features communal areas, with comfortable seating areas and televisions as well as a laundry with washing machines and tumble driers.

Cardinal House offers an annual NET income of £4,500 - 8.18% p.a. which is guaranteed for the first two years. With excellent rental growth also predicted, the property offers an excellent capital appreciation opportunity for investors. Fully managed, Cardinal House will be operated by a proven & successful firm, that’s also supported and recommended by Birmingham City University.