After reaching your web site, I contacted Mr. Benjamin Thornton (Investment Consultant) at One Touch Property sometime in August 2017, and once I told him what I was interested in he took me through the options (explaining what was available and how to proceed). He responded promptly to every mail and returned phone calls timely. I have completed my purchase and all through the process and beyond Benjamin remained professional and very helpful.
Students are evidently willing to pay for good quality housing, which allows investors to achieve excellent yields. According to research by Knight Frank, over a fifth of students are willing to pay over £160 per week if the facilities impress them. Features most discerning students seek out include having an en-suite bathroom and a range of communal spaces – all of which Nurtur has.
In additional to the achievable base yield of 8% net the developer is offering an incentive.
Only 25 purchasers will receive a 10% rental assurance for 5 years – act fast to secure unit.
Demand for units in purpose-built student accommodation developments has been on the rise for the last decade or so. According to Knight Frank, the number of students living in these sorts of accommodation arrangements has more than doubled since 2007 – 2014/2015, from 34,000 – 72,000. It is partly attributed to the increase in tuition fees, which has led students to have higher expectations of what their accommodation should be like.
Sheffield is home to over 60,000 students across two high quality universities (the University of Sheffield and Sheffield Hallam). The University of Sheffield ranks 12th in the United Kingdom and is a popular choice for international students who account for over 25% of the total student population. These students will be a prime market for purpose-built student accommodation as they cannot study from home.
Contact us today to learn more about how these fundamentals can positively influence your investment.
“I have no complaints with One Touch Property, they have been a reliable and honest broker for the investments I have purchased through them, I am likely to use one touch property again as I trust them, which means everything to me.”
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