Development highlights: * New build UK Student Property * Phase I: 153 large purpose built studios * Prime location near 2 universities * Award winning developer * Excellent onsite facilities: Gym, cinema, communal spaces * Professional onsite management
Investment highlights: * 10% net fixed yields: Every year for 10 years * Effortless income * 10-year independent build warranty * Optional 5% interest on deposited funds during build * Buyer interests aligned with developer * Available from £69,950
With 300 highly sought after student studios and a range of quality onsite facilities, this development is sure to be in high demand from both property investors and tenants alike. This is our 17th UK Student Property in an exclusive partnership with the only nhbc-certified Student Property developer - award winners for build quality. This ensures high standards throughout, while providing buyers with the enhanced security of a unique 10-year structural warranty. A professional onsite property management team will be responsible for all operational aspects of the development, leaving you to receive a completely effortless income.
Critical accommodation undersupply Stoke's two universities are currently home to 22,700 students, while there are only 4,779 purpose built student units (including university-owned halls of residence). This means that just 21.0% of the city's students can acquire space in their preferred accommodation form. What's more, only 7% of students can access purpose built student en-suite or studio accommodation - with a tiny number of studios available citywide.
Attractive investment location Stoke has been the uk's second fastest-growing local economy over the last five years. It is a top 10 city for private sector job growth, with a record 4,400+ businesses opening in 2012 - beneficial to the three million people living within an hour's drive. The city's Local Enterprise Partnership is ranked third in the country for inward investment, with £1.5 billion arriving from the private and public sectors over the next decade. This includes new office, industrial and retail developments that will bring 31,000+ new jobs to the area.
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