Student Accommodation

Poulson House - Stoke-on-Trent Student Property

From: £59,950
7% Net returns backed by actual income and financials
Completed and operational for three years
The only University approved PBSA studios
Managed by Stafford University’s student union
100% occupied for the 2020/2021 academic year

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Purpose-built student accommodation development in the centre of Stoke-on-Trent


Completed and operational purpose-built student accommodation in the centre of Stoke-on-Trent offering net yields of 7%.

Key Figures

£59,950
Starting Price

7%
Net Yield

Q4 2018
Completion Date

Investment Details

Poulson House is a completed collection of 122 student studio apartments in the centre of Stoke-on-Trent. Poulson House is the only accommodation approved by Staffordshire University and this has led to occupancy levels of 100% for the 2020/21 academic year. The development itself is a short walk from Staffordshire University campus and a short drive away from Keele University.

The development is fully managed by Greenpad - the Staffordshire University's student accommodation management company. Onsite facilities include a reception room, gym, games room and recreation room.

The University's Halls of Residence can accommodate 1,200 students. En-suite rooms share communal spaces such as a living room and kitchen. Currently, 25% of available rooms have to be left unoccupied due to social distancing regulations. As the market is already undersupplied, we anticipate high demand for this type of accommodation in the Stoke-on-Trent area.

The Numbers

Ground Rent:£300 per annum

Number of Units:122

Service Charge:£1,034 per annum

Prices: £59,950

Leasehold:246 years

Staffordshire University
Staffordshire University Student Union
Stoke-on-Trent train station
  • Reception / on-site management
  • Games room
  • Laundry room
  • Recreation room with pool table, table football, tv / cinema area and private study areas
  • Garden
  • Gym
  • 122 self-contained studios
  • Choose a studio
  • Pay a £5000 reservation deposit
  • Appoint your solicitors
  • Legal review
  • Exchange with 25% deposit
  • Complete with 75% balance

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