Property Details
- Property: Property (Off Plan)
- Bedrooms: N/A
- Bathrooms: N/A
- Receptions: N/A
Student Unit in UK
A tenanted city centre student development offering immediate income. Investors are rewarded with a 15 year rental guarantee at 6% minimum and an exit strategy with 20% profit. Sunderland University h
Features
- 6% Minimum Net Rental Guarantee.
- Potential Exit Strategy With In Excess of 20% Profit.
- Superb Location Half Mile From University.
- Just 49 Units Available.
- Alternative to Buy-to-Let
We are delighted to offer investors the choice of two student accommodation investments in Sunderland. With one of the projects completed, the purchaser has the prospect of immediate income and can also benefit from a defined exit strategy.
Purchasers can benefit from superb yields guaranteed at a minimum of 6% for up to 15-years. Availability is limited to just 49 units, investors are advised therefore to act promptly to avoid disappointment.
Rectory Lodge is completed, therefore investors can realise a return on their investment from day 1. West Lodge is currently undergoing refurbishment and due for completion in January 2012.
Both properties boast excellent locations within the city and within half a mile of the University campus. Units in both buildings are priced at £36,500 each and can be reserved for £1,000. There is developer buy back option after 3-years from completion, with the investor enjoying a profit equating to approximately 22%. The investors deposit is protected for the period of the build and the project. The property has been leased to a management company who specilaise in student accomodation for 15-years on a full repair and insuring lease, providing the investor with an "armchair investment".
These modern student rooms have been designed to meet the demands and needs of today's students, with all rooms being furnished with a bed, wardrobe and desk/work station, with access to broadband. Rectory Lodge rooms will be en-suite and West Lodge rooms will incorporate a shower and vanity unit. The properties will also benefit from communal living room areas and fully fitted kitchens and secure cycle storage.
Both buildings enjoy fabulous locations just a short walk from the city campus . The University of Sunderland has been ranked the best new university in the North East for the second year running in the Guardian University Guide 2012. It is reported to have more than 17,500 students which includes 7000 plus international students from approximately 70 countries
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