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Student Accommodation Investment, 90 Loch Street, Aberdeen

£1,025,000

Business rates & charges may apply

Savills, Aberdeen
SIZE

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SECTOR

Residential development for sale

Key features

  • Purpose built student accommodation completed in 2019
  • 97% occupied for 2021 / 2022 academic year
  • Rental guarantee put in place for the 2021 / 2022 academic year
  • Total gross income of £122,684 per annum
  • Offers in the region of £1.025 million

Description

The property comprises a 3 storey building recently converted to provide 6 HMO flats offering a total of 30 student bedrooms. The internal flats vary in size from 3 to 6 bedrooms, all with open plan kitchen / dining / living areas and shared bathrooms.
The conversion was completed in 2019 and therefore offers a modern specification. Secure entrance to the building is provided by an intercom system and each bedroom is furnished with a double bed, bedside cabinet, desk and wardrobe.
The EPC Rating is C. Full documentation can be provided on request.

Loch Street is located in the heart of Aberdeen City Centre and to the rear of Bon Accord Shopping Centre, Aberdeen’s second largest shopping centre complex. The property lies adjacent to North East Scotland College (NES Col) with the surrounding area comprising a range of residential, purpose built student accommodation and retail units.

Brochures

Student Accommodation Investment, 90 Loch Street, Aberdeen

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aberdeen Station0.5 miles
  • Dyce Station5.1 miles

Notes

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Disclaimer - Property reference 465C5179-FF58-4560-A2EC-E054B761DAE2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Aberdeen. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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