McKinley White are delighted to offer for sale a substantial, purpose built student letting investment, in an ideal location. Hope Court is a gated development, directly opposite the grounds of the University of Exeter’s Streatham campus. The property accommodates 56 student tenants in 13 quality units of varying sizes. The property has a strong letting history and is fully let for the 2019/20 academic year to produce a gross rental in excess of £440,000.
Graham White for the agents comments ‘This is a rare opportunity to acquire such a prominent and well located student block. We expect strong immediate interest, particularly from investment funds, and are quoting a competitive guide of £5.85million.’