1 bedroom property in Birmingham, Birmingham, UK
 

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1 bedroom property in Birmingham, Birmingham, UK
 
 

Property details and features
 Country : UK
  • 1 bedroom
  • Hands free investment
  • Student accommodation
 Location : Birmingham
 Region : Birmingham
 Price : £ 42,000


Property description

ALL UNITS ARE NOW SOLD - On occasions some units return to the market. Contact us for updated information.

Lyttleton House - Property features

Boutique Student Residence was developed as a unique concept of student accommodation that is more targeted at the end user category of international, post-grad and mature students. Lyttleton House is located conveniently close to Adderley Park mainline rail station which serves Birmingham city centre, only one stop from New Street station.

HANDS FREE INVESTMENT OPPORTUNITY WITH 8% NET YIELD 

- Turn-key hassle free investment opportunity - 8% guaranteed net return
- En-suite boutique studio - Excellent transport links
- UK 2nd largest student population - Aimed at mature and foreign students
- Buy To Let - student accommodation - Furnished - ready to use
- Gated Community - secure - Guaranteed Rental - 8% guaranteed rental
- Investment Potential - 8% net yield - Luxury Apartments - boutique
- Parking Space - ample parking - Rental Management Company - in place

Lyttleton House - Property particulars

Boutique Student Residence was developed as a unique concept of student accommodation that is more targeted at the end user category of international, post-grad and mature students.

- Birmingham has the UK’s 2nd largest student population
- More than 64,000 students
- 51% of full time students in Birmingham have NO purpose built student accommodation meeting the current high level of expectations
- 2nd largest ”city economy” in the UK
- 3 Universities and 37 Colleges National Student Survey ranked Aston University 11th in the UK
- 82% of all graduates from Birmingham Aston University find “Graduate Level” jobs, ranked 9th out of 120 UK Universities
- National Student Survey ranked Aston University 11th in the UK
- Between 1996 and this year student numbers have risen from 1.8 million to 2.4 million — an annual growth rate of 2.5 per cent that is forecast to keep rising.
- Ranked 3rd best UK city for “quality of living” by Mercer

What’s included?


- 1 Bedroom En suite study apartment in small clusters
- 4ft bed (three quarter double size) with storage, wardrobe and work station
- Large laundry facilities with commercial washing machines & tumble dryers
- High speed internet connections in all rooms
- CCTV and security phone entry system
- State of the art shared Kitchen Diner in each cluster

Lyttleton House is located conveniently close to Adderley Park mainline rail station which serves Birmingham city centre, only one stop from New Street station. Local bus services run to most Birmingham colleges. The campuses of Birmingham City University and Aston University are located within a radius of 1-3 miles from Lyttleton House.

Lyttleton House - Investment Summary

- Individual unit price £42,000
- Individual 99 year leases
- Year one - 8% guaranteed NET return
- Projected NET rental income year 2 onwards 8% to 10 %
- Building fully managed by independent management company

Lyttleton House - Payment Plan

- £5000 reservation fee
- £16,000 on exchange (two weeks after reservation)
- £21,000 on completion (estimated early 2012)

- Tenants will sign 12 month rental agreement with Management Company
- Quarterly income paid in arrears
- Turn-key hassle free investment opportunity

Contact us for our e-brochure or to reserve your unit

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