Our student property investments are predominantly in cities and towns with large student populations such as Birmingham and Liverpool. We only choose student accommodation investment opportunities in the very best of locations, close to city centre amenities and university campuses, making the units very attractive to students.
#47 is a Leicester student accommodation investment based in the heart of the city centre. It consists of 47 luxurious studios, one, two and three-bedroom flats separated over 7 floors. Each studio will be completely self-contained and the development will also offer superior communal facilities such as a fitness room, communal lounge / games room and a garden / recreational area. Research by Knight Frank has shown that students are willing to pay more for their accommodation if it offers these sorts of facilities.
Leicester Student Accommodation Investment LE1 #47
Based on a recent Knight Frank report, Leicester is currently suffering a severe shortage of high quality purpose-built student accommodation such as student pod investments. With student numbers increasing at a rate of 14% in the three years prior to the 2010/2011 academic year, the two universities in the area, DeMontfort University and Leicester University, have invested heavily in facilities.
The University of DeMontfort has invested £20 million as part of a 10 year initiative while Leicester University is currently under going a 300 million pound upgrade of its facilities.
Leicester is recognised as a leading city for education and sport, ranked number one in The national student survey for satisfaction. For every place there are 6.5 applicants, with
satisfaction overall rated at 80%. Student numbers have increased by 4% in the last year and international students by 11%.
These statistics, published by Knight Frank, demonstrate that there is an acute under supply of student accommodation.
Leicester has been named as the most affordable place to live for students by HSBC in 2014 and 2015 and is home to two universities, the University of Leicester and DeMontfort University. Combined, they educate almost 40,000 students. With a sizeable student population and more money being invested in the universities, demand for quality accommodation within the city is high. According to recent statistics, there are 6.4 students for every dedicated room within the city centre, so excellent occupancy rates are to be expected, and there is a good opportunity for high rental yields.
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