Our student property investments are predominantly in cities and towns with large student populations such as Birmingham and Liverpool. We only choose buy to let 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.
The unmistakable forces of supply and demand immediately grab your attention when considering this student property investment in Middlesbrough; a whopping 96% of students are living in private rented accommodation.
This presents a great opportunity because private rented accommodation, renting a room in someone’s house, is not that what today’s modern student are looking for. In a recent poll from Knight Frank (2014 report) students are prepared to pay up to 70% more for purpose built student accommodation than private rented accommodation.
Rede House, in Middlesbrough, is a purpose built student accommodation within 5 minutes of the University Campus. This fantastic student property investment, is comprised of large studios with modern interiors; high speed internet and excellent transport links, thereby making it highly desirable for students.
Rental incomes of £105 per week are projected to be achieved over 44 weeks student year. Attractive Net returns of 9.5% will be paid to investors; £3,419 per annum on a relatively small investment of £35,995 is fairly impressive, isn’t it?
Investors receive a short-term return on their income with the first phase of the development to be completed by July 2014. The developer has an excellent track record, by completing seven other student accommodation investments over the past few years. Investors can take a purchase decision in confidence and ease in the knowledge that their investments funds are in good hands.
The simple investment process requires as little as £17,000 deposit now, with the balance of funds pay on completion.
How many other buy-to-let properties in TS1 come fully managed with an onsite management company to ensure that your rental income is paid and keep a watchful eye on your property?
The student management company has already successfully tenanted three other completed projects in student accommodation, currently 100% occupied for the student year.
Get 2014 off to a good start by putting your money to work and Enquire Today!