City Centre Student Accommodation Investment; launch price starting from £30,595.00. High yield, hassle free and fully managed student accommodation project consisting of 56 fully equipped ‘student pods’ in a prime location for students at the University of Bradford located on Salem Street. Bradford is perfectly situated to capitalise on the city's shortage of student accommodation.
Latest Student investment opportunity - introduced February 2012
Discounted prices start at £30,595.00 to cash buyers with a 10% immediate income from day 1 of operation and guaranteed for the first year. This is the perfect hassle free, long term investment vehicle.
Contact us for more information including our comprehensive e-brochure.
UK launch offer
• Discounted price of 10% - £30,595
• 75% deposit with 6% return till completion
• 25% balance due on completion - August 2012
• 10% immediate income from day 1 of operation Guaranteed for 1st year.
• Thereafter based on average occupancy over 10% net return. 5 Year exit strategy
Interesting Facts
• Tenants already in place
• University Tenants - No Void Rental Periods
• Luxury, fully furnished including a 22” flat screen TV
• City centre location within a mile of University
• Completion August 2012 - ready for next term (September 2012) students
Investment Highlights
• Turn £30,595.00 into over £110,000.00 in only 10 years
• All purchasing & closing costs paid
• 6% interest during Construction - 10% Rental Income
• On completion the first year rental income is guaranteed by the developer at 10% plus giving clients an income minimum of £3,364 NET per year
• The developer has confirmed that clients will receive 6% interest during construction on their deposit as a discount on completion
• 75% deposit attracting a 6% return with the remainder due on completion
• 1 Years Guaranteed Income (6% Interest during construction & 10% Rental Income in Year 1)
• Recession-proof investment in student accommodation in Bradford
• Centralised location - close proximity to major universities, the train station, shopping, cafes, restaurants and night life
• Hands-off investment
• The management company in place has a long track record and a well-established relationship with the universities and colleges in the city
About the Project
• 56 student apartment 'pods' with shared kitchens and bathrooms to accommodate the student rooms
• Gym, computer/media room, games room, study room, and lounges located on each floor
• Luxury student accommodation
• Free resident use of all amenities presented in the building
• Furnished with a bed, wardrobe, workstation, and television to each room, and there will also be a 52” plasma television in the fully fitted games room
• Fully fitted kitchens, bathrooms, computer room, study room, and laundry facilities
The student accommodation is classed as luxury student accommodation due to the free resident use of the many amenities presented in the building as well as the high quality finishes, furniture and fixtures. The units shall be decorated and furnished with carpet, blinds and light fixtures, a bed, wardrobe, workstation, internet connection and television to each room. There will be a 42” television in each of the fully fitted common lounges in addition to fully fitted kitchens, bathrooms, gymnasium, and laundry facilities. The building shall be fitted with the equipment necessary for the luxury standard required for student accommodation.
The developer has confirmed that any clients will receive 6% interest during construction on their deposit as a lump sum on completion.
On completion the first year rental income is guaranteed by the developer at 10% giving clients an income of minimum of £3,364.00.
The building is located near the city centre and in a desirable location for students attending Bradford’s universities. Whilst none of the exterior is to be physically altered, it will be redecorated to a high standard in compliance and in keeping with Conservation Department’s requirements and all decor, fittings and fixtures on the interior of the building shall be brand new and have been designed with today’s discerning student in mind.
Location
• Prime City Centre location
• Within 2 miles from main universities
• Located 0.2 mile from Kirkgate Shopping Centre
• Located 0.5 miles from Bradford Interchange Railway
Investment Potential
Student accommodation rents have increased by 5% pa for the last 6 years with growth increasing right into the 2009/10 academic years. Compare this to residential and commercial rents which have both fallen overall during this period and you start to understand what makes this market so appealing.
“Student Housing delivers income during uncertain economic times”.
As student accommodation is commercial by class this has also seen an increase in values, this sectors robustness is highly attractive to a growing number of investors who want high capital growth that can be depended on for the long term.
Even in the midst of a global downturn occupation levels for good quality purpose built private accommodation is close to 100% with rental levels for 2010 predicted to increase by at least 5%.
• The student population for the 170 higher education institutions in the UK is now estimated to be 2.2 million
• There is however currently an insufficient supply of suitable accommodation with only 23% of the current demand being met by university maintained properties
• The demands and needs of the modern day student are not met by the accommodation currently provided by the universities as it tends to be dated
• Understandably university funding is currently directed to research and teaching
• Property acquisition or refurbishment is not a priority for these institutions
• The private sector is therefore needed to step in to provide this supply
Returns
"Average capital appreciation of bricks and mortar over the past 20 years has been 8.8 per cent per year - this figure takes into account the worst housing crash in living memory between 1991 and 1994".
Malcolm Harrison, spokesman for the Association of Residential Letting Agents (ARLA). Taking into account these historical capital growth figures and net rental income derived over the course of 10 years, £30,595.00 invested today could be worth over £110,000. A financial breakdown of this simulation is available on request.
Payment Process
• Reservation - Select a ‘Student Pod’, complete reservation and deposit form and pay £2,500
• Instruct solicitors and prepare contract of sale
• Within two weeks Exchange - Sign contract of sale and pay first deposit of 75% including reservation fee
• Thereafter 2nd Deposit - August 2012 Completion - Pay remaining balance of 25%
• First Year Guaranteed income - Receive 10% rental income for first 12 months
• 2nd Year Onwards - Rental program - anticipated 10% rental income through our management company
6% interest during Construction - 10% Rental Income.
The developer has confirmed that clients will receive 6% interest during construction on their deposit as a discount on completion.
75% deposit attracting a 6% return with the remainder due on completion.
On completion the first year rental income is guaranteed by the developer at 10% plus giving clients an income minimum of £3,364 NET per year.
Availability
If you are interested in reserving a unit, please get in touch for latest availability.
Contact us for more information including our comprehensive e-brochure.
