Investment Properties: The Cube, 10 Denham Street, Greenwich, London SE10 0RY

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The Cube, 10 Denham Street, Greenwich, London SE10 0RY

Guide Price £6,750,000 subject to contract - Freehold

- Greenwich is within close proximity to several central London University campuses including University of Greenwich, Goldsmiths University of London, Kings College and London Southbank University.

- Student to bed ratio of 5 : 1 represents a very healthy demand pool.

- Contemporary development completed to a high specification comprising 33 self-contained and fully-furnished studio apartments.

- Operated by Homes for Students.

- Assuming full occupancy, net operating income of £378,219 per annum (£11,461 per bed space per annum) based on a gross rental income £445,995 per annum across a 51-week tenancy.

- We are seeking offers in the region of £6,750,000 (Six million, seven hundred and fifty thousand pounds) which reflects an attractive net initial yield of 5.3%, assuming purchases costs of 5.64%.