London Student Property £82,700 Gross Yield 11.1% – A Few Remaining
“With 291,000 full-time students enrolled across 40 Higher Educations Institutions (HEI), London clearly remains a hub of student activity and continues to occupy the top position for student investments. It boasts a large proportion of both postgraduates and international students, yet only 15.4% of its students are housed in University-owned accommodation. Knight Franks considers that London needs a further 100,000 student bedrooms providing transport-accessible, value accommodation in the £150 – £200 per week price range.” Knight Frank 2011 Student Research Report
Bold Spirit is pleased to offer clients a new build student investment in Greenwich, London. At £82,700 a unit, the gross yield is 11.1% which nets to 9% after management charges and other expenses.
This is a completely hands-off investment as the sourcing and management of student tenants is the responsibility of the management company.
A useful way to view this investment is in terms of cash in the bank or cash in a high yielding student property with the potential for capital growth:
Inflation Proof Investment
In a bank with gross interest at 2%, £82,700 would return £1,654 before tax and inflation. As inflation (as measured by the RPI) is presently 5.4%, the loss in purchasing power before tax is -3.4%
In this particular investment the NET yield is 9% with an income of £7,443 a difference of £5,789 and clearly increasing the purchasing power of your cash, well in excess of inflation. As the property is in London with its unique supply and demand gap, the possibility of good capital growth, even in today’s market, is good.
What’s included?
Each student property includes:
- Kitchenette
- Bathroom
- One double bed
- Desk and chair
- Flat screen TV
- Wardrobe
- Carpets and blinds
- Internet access
Additionally, communal facilities include:
- A fully operational gymnasium
- Laundry
- Media services area
- Communal lounge with 42” flat screen TV
Location
- The development is ideally located only 15 minutes from Central London
- Only 100m from the University
- 600m from the railway station
Bold Spirit has a number of units for sale and will be allocated on a first come first served basis. This investment offers:
- High net yield and income (guaranteed for the 1st year)
- Robust student sector in London, with a worldwide demand for educational services
- Luxury accommodation which gives this development a unique selling point in the market
- A fully managed investment
- Walking distance to the University
If this cash investment is of interest to you, then please fill in this form or telephone Daniel on 0151 243 5431
Best wishes
Dominic Farrell
