Completed, tenanted, fully managed student apartment with 7% annual return for 7 years at Preston, Greater Manchester, UK

Completed, tenanted, fully managed student apartment with 7% annual return for 7 years at Preston, Greater Manchester, UK

Ref: UKMACH2
61.700€ 1 1
Investment
New build - Apartment - Manchester - Preston

Features

  • Energy rating: In process
  • Construction year: 2016
  • Furnished
  • Parking space
  • Central heating
  • Electrical Appliances
  • Open Kitchen
  • Lounge
  • Laundry room
  • Fully Equipped

Description

Completed and tenanted modern student apartment in Manchester with 7% annual rental returns assured by the developer for the first 7 years. This unique on Campus property offers modern accommodation and contemporary living. It is only a few steps from the university of central Lancashire and close to the city Centre, which is a rare to come buy student accommodation, prices start at only Gbp55.000 for a 1 bedroom apartment. The apartment offers luxury living with many modern day facilities as social and leisure rooms and its very own gaming room!

The University of Central Lancashire is a leading University, one of the top institutions in the UK & ranked in top ten UK universities - 40, 000 Students - Of which there are 2000 International students

Preston has been tipped as one of the top University Centres in the UK to invest to, also it has been the location of choice of many large institutions and investment funds. Preston city centre has a lively student scene, everything a student needs is just a few steps away. This is the only completed student accommodation around Manchester for sale.

Most of the student accommodations in the area achieve 99% occupancy rates and are consistently delivering impressive yields. This is an excellent opportunity to have 7% annual income all managed for you. There is a choice of 1 or 2 bedroom units with their own modern bathroom. The apartment comes fully furnished with quality, durable furniture and fittings, fitted kitchen and integrated appliances, free internet for the residents, communal lounge, laundry, parking, bike storage. The Campus is protected by CCTV.

This Greater Manchester fully managed, high yield student accommodation is a great hands off, hassle free investment opportunity with 7% rental returns for 7 years at a well established University Campus.

Student accommodation is one of the most successful Real Estate asset classes, thanks to high demand for quality student accommodation in the UK. The market is still undersupplied at all core University cities across the UK. The Student accommodation investment faces a significant increase in recent years due to the grat returns one can achieve.

The rental returns from these units are secured by UK insurers, secured from day one.

There is an exit strategy in place for the investors. After 5 years the developer can resell the units for an estimated 120% of the initial price, which is 20% capital growth.

For further details and other residential or commercial investment opportunities or other property details, please drop us a note on ec@ecsmproperty.uk.com or refer to our website www.ecsmproperty.uk.com Our staff will be glad to assist with your inquiry. We look forward hearing from you.


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