Colne Road, Huddersfield, West Yorkshire, HD1
For Sale: £4,200,000 for the Freehold
Key features
Mixture of 2-4 bedroom cluster apartments and self-contained studio flats
Rooms let on an inclusive basis between £110 - £190 per week for the 2024/2025 academic year, occupied 45-52 weeks per year
100% occupied for 2024/2025 academic year with 50% let for 2025/2026 academic year already
Indicative total rental income of £518,665 per annum assuming a 49 week average annual occupancy based on currently agreed rents
Property description
The property comprises a purpose built student accommodation block having a total of 76 letting rooms across 43 flats. The building has been constructed in phases between 2013 and 2017.
Location
The property occupies a prominent roadside position on Colne Road, being a 5 minute walk from the main Huddersfield University campus. The property sits in a mixed use area, close to a number of other institutional purpose built student blocks.