Student Housing for sale
£52,000
England, Staffordshire, Newcastle-under-Lyme District, Keele, United Kingdom Property ID: 22301746
Property features
- 8% NET return payable for 10 years
- Inclusive of all furniture - fittings - kitchen etc
- Communal cinema - gym- study & IT rooms
- Interest paid on deposits during construction
- Prices from £52-000
Property description
Why Sky Building is a Good Investment
The Keele and Newcastle-under Lyme area is suffering from a severe undersupply of student accommodation. Sky Building is perfectly placed to meet the increasing demands of this market. The return currently on offer is assured for 10 years establishing Sky Building as a highly secure, long term investment. A market leading property management company will ensure the facilities are well run and maintained.
The Development
The development combines high-end student accommodation with unique shared facilities. Sky Building offers immediate access to Keele University and is only a short distance away from Staffordshire University and Royal Stoke University Hospital which have a considerable population of students. The developer is offering an excellent 8% guaranteed return for 10 years. When combined with rising property prices in the area, the scheme represents an attractive investment opportunity. Units are expected to reserve quickly.
From an accommodation perspective, the development is made up of several different room types with returns that outweigh any other student or residential investment in the area. The scheme comprises of:
122 Ensuite Rooms
127 Studios
24 Large Studios
In addition, Sky Building will offer a unique set of communal facilities in order to create a vibrant and enjoyable lifestyle.These facilities include:
Cinema Room
Uni. Branded Study/IT Rooms
Gymnasium
Communal Laundry Room
Payment plan
£5,000 deposit
50% less deposit on exchange of contracts
25% at 9 months
25% on completion