A superb opportunity of just 36 properties set in a superb location under a mile from the university offering well-appointed accommodation and facilities offering a 7.5% net rental guarantee for 10

Bankside is an exciting new student accommodation investment of just 36 units set in a superb location just 0.7 miles from Chester University.

Investors in this project will receive a guaranteed income of 7.5% net for 10 years and can have peace of mind that their deposit is insured for the build time.

All rooms are en-suite set in clusters with lounge and shared kitchen area. Students will also have access to a large fully equipped media room. All rooms will all have plasma/LCD televisions, Wi-Fi and access to satellite facilities. The gardens will be landscaped and will also provide a cycle storage area. The project will also offer an onsite laundry room and will offer peace of mind with a key fob entry system.

The rooms will be furnished and will be fully managed by a local management company providing the investors with a “hands off” passive investment.

Chester has enjoyed a strong growth in student numbers over the past decade with UK figures in 2010 reaching 1,632,155 in the 2009-2010 academic year.

The city is home to the University of Chester, with the main campus in Parkgate Road. Chester is also home to West Cheshire College and is also one of the eight Centres for the College of Law in the UK.

The university is not able to guarantee accommodation to all first year students and selects on the basis of a certain criteria.

With an average annual increase in student numbers of 9.4% it is easy to understand why this project should enjoy excellent occupancy and yields. International students also are playing an important part and Chester University has seen international student numbers rise by an average of 10.2% in the last 12 years.

Investors interested in this exciting project should act promptly as availability is limited to just 36 units and pricing is approximately 15% below the recent RICS valuation.