This completed, fully furnished studio apartment at Kingfisher Court with an immediate 8% net return is perfectly located for Huddersfield's student population of over 48,000 standing less than 150m from Kirklees College and just 0.4 miles from the University of Huddersfield, its close proximity makes it an excellent choice for potential student tenants.
Kingfisher Court offers students in this growing university town an excellent self-contained studio apartment that comes complete with an en-suite shower room and a kitchenette. Kingfisher Court also have a range of excellent communal facilities including it Suite and media room, gymnasium, laundry, games room, dedicated study areas and a state-of-the-art cinema suite.
• Self contained studio apartments rather than smaller student pods in cluster flats. Studio apartments attract longer tenancies than student pods, supporting an investors yield
• At 18m2 these units are a very good size and are priced very competitively compared to other projects currently available in the market place.
• The rents quoted are achievable, with market comparisons showing comparable properties achieving £150 per week.
Supply & Demand
• There is a significant imbalance at present with the available purpose built accommodation in Huddersfield and the available units for rent. So much so that currently hundreds of students each day are transported on buses in and out of the town to accommodation outside the main town centre (4 miles away).
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
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