Durham is one of the fastest rising stars when it comes to popular University towns and as a consequence suitable student accommodation and property (like 3 Ravensworth Terrace, Durham) is in high demand but short supply.
Urban Student is particularly active in Durham, and has brought a number of properties to market here over recent months, many managed in collaboration with Bill Free Homes.
One of the latest properties to be made available to investors is 3 Ravensworth Terrace, Durham which represents exceptional asset management potential with excellent rental & value growth as it already boasts 100% long-term occupancy rates and guarantors to tenancies.
This quintessential eight bedroom Victorian property is in a prime student investment location being just a five minute walk away from the main campus. Individually developed, the property has been sympathetically modernised to a high standard that most students desire and demand, using contemporary design, bright colours and modern furniture; with WiFi and the latest technology incorporated, making it ideal for modern student life.
This cost affective, appealing, minimal design also positively helps achieve better returns on investment. You can invest as little as £145,000 to secure this property, which should return a gross annual rental income of £47,840. This represents a 12% Return on investment and should take just eight years to repay your initial investment.
For further information on this and other available properties call Urban Student now on +44 (0)207 290 7837.