Property photos
Leasehold
£230,000
5 bed flat for sale
Woodgate, Loughborough LE115 beds
5 baths
1 reception
EPC rating: C
Local area information
Property location
Nearby amenities
- Fairfield Preparatory School 0.1 miles
- ASPIRE: Lifeskills Learning Centre (SEN) 0.2 miles
- Loughborough 0.8 miles
- Barrow-upon-Soar 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Fantastic investment
- All five bedsit rooms fully furnished
- Five en-suite shower rooms
- Key fob and intercom system
- 24/7 cctv
- Lift and stair access to all floors
- Fully-managed investment opportunity
- Great location close to loughborough town centre
Fantastic investment - Flat 32 at Asha House provides a superb investment opportunity for student let accommodation. The property consists of five bedsit rooms with en-suite shower rooms and a communal kitchen, living and dining area.
Annual Rent: (£110.00 x 52 weeks x 5 beds) £28,600
Annual Service Charge: (3.53% of total s/c costs) £17,581
Net Annual Rent: £11,018
Asha House consists of 126 bedsits and is located at the heart of Loughborough town centre. The building has a secure key fob entry and intercom system, 24/7 CCTV, lift and stairs to all floors, laundry facilities, on site and out of hours team, contained refuge area and secure bicycle storage. The building is maintained by a management company who set rents, service charges, collect the rents and pay 40% of the net rental income in October, 40% in January and 20% in April, based on the academic year and, therefore, a 46 week contract. The students that accommodate the flats are generally post grads or studying for masters. The properties are leasehold and have 132 years remaining on the lease.
40% October - £4,314.40
40% January - £4,314.40
20% April - £2,157.20
Location
Asha House is a few minutes walk away from Loughborough town centre and there is a regular bus service to Loughborough University. Loughborough is a popular university town offering an excellent range of facilities and amenities, with first-class schooling for all ages including the renowned Loughborough Schools Foundation schools (formerly Loughborough Endowed Schools). With a wide range of shopping facilities, cafes, a cinema and out of town retailing, Loughborough is strategically well placed on the Intercity line to London, the M1 provides fast access to North and South, and the surrounding cities of Leicester, Derby and Nottingham are all within easy commuting distance.
Property Ownership Information
Tenure
Leasehold
Council Tax Band
A
Annual Ground Rent
No ground rent
Ground Rent Review Period
No review period
Annual Service Charge
No service charge
Service Charge Review Period
No review period
Lease End Date
27/09/2155
Disclaimer For Virtual Viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
Annual Rent: (£110.00 x 52 weeks x 5 beds) £28,600
Annual Service Charge: (3.53% of total s/c costs) £17,581
Net Annual Rent: £11,018
Asha House consists of 126 bedsits and is located at the heart of Loughborough town centre. The building has a secure key fob entry and intercom system, 24/7 CCTV, lift and stairs to all floors, laundry facilities, on site and out of hours team, contained refuge area and secure bicycle storage. The building is maintained by a management company who set rents, service charges, collect the rents and pay 40% of the net rental income in October, 40% in January and 20% in April, based on the academic year and, therefore, a 46 week contract. The students that accommodate the flats are generally post grads or studying for masters. The properties are leasehold and have 132 years remaining on the lease.
40% October - £4,314.40
40% January - £4,314.40
20% April - £2,157.20
Location
Asha House is a few minutes walk away from Loughborough town centre and there is a regular bus service to Loughborough University. Loughborough is a popular university town offering an excellent range of facilities and amenities, with first-class schooling for all ages including the renowned Loughborough Schools Foundation schools (formerly Loughborough Endowed Schools). With a wide range of shopping facilities, cafes, a cinema and out of town retailing, Loughborough is strategically well placed on the Intercity line to London, the M1 provides fast access to North and South, and the surrounding cities of Leicester, Derby and Nottingham are all within easy commuting distance.
Property Ownership Information
Tenure
Leasehold
Council Tax Band
A
Annual Ground Rent
No ground rent
Ground Rent Review Period
No review period
Annual Service Charge
No service charge
Service Charge Review Period
No review period
Lease End Date
27/09/2155
Disclaimer For Virtual Viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Unlock more data
Listed by
Purplebricks, Head Office
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Purplebricks, Head Office. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Purplebricks, Head Office for full details and further information.