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Property Listing Details

Features

  • Investor Opportunity
  • Available now
  • 1 bathroom
  • Leasehold

Description

The fully furnished studios which are a much needed addition to Bristol’s under-supply of independent student housing. Situated in an area undergoing significant regeneration, to the north east of Bristol city centre, it offers superb facilities including a games rooms, communal lounge, laundry, gardens, WiFi and 24 hour CCTV.

• Comprising of 78 studio apartments
• Studios from only £89,950
• Annual assured return 8% net p.A.
• Assure for 3 years
• Annual yields starting from £7,195 p.A
• 5% interest on deposited funds
• Fully let & managed by experienced letting agency
• 250 years leasehold

Why Bristol?

Bristol is a tier one city for student accommodation investment by Savills. There are two prestigious universities within Bristol, the University of Bristol and the University of the West of England, and between them they have 51,000 full time students. Currently, the universities only provide accommodation for approximately 7,000 students, therefore there is considerable demand for private student accommodation. Bristol has a high rate of economic growth and low rate of unemployment. The city has seen huge investment over the years, with the development of a £500 million shopping centre, Cabot Circus, and the Bristol Temple Quarter Enterprise Zone, which play a major role in Bristol’s booming economy. The Sunday Times named it as the best city in Britain in which to live in 2014 and 2017.

Floorplan

No floorplan available

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Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • St Barnabas Church of England VC Primary School 0.2 miles
  • Millpond Primary School 0.2 miles
  • Stapleton Road 0.5 miles
  • Montpelier 0.5 miles

Price history

Sold prices provided by Land Registry
2nd May 2018 £89,950 First listed

Running costs

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Property descriptions and related information displayed on this page are marketing materials provided by Real Estate Worldwide. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Real Estate Worldwide for full details and further information.