Apartment house in city Bristol
21.09 sq.m., 1 bedroom

€ 101 675

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Profitable student accommodation Lower Ashley Road in Bristol, United Kingdom
Low risk – high yield investment – Low entry threshold (suitable for first-time investors in foreign real estate)
- New building with 78 studios with new furniture, a kitchenette and a private bathroom;
- The cost of apartments from £89,950;
- Start of construction – may 2018, the end of construction – August 2019. Guaranteed rate of return to completion of 5% on investment;
- Upon completion, Savills estimated each Studio at £98,700 (which is 10% above the current purchase price);
- Guaranteed yield after the completion of 8% for the first 3 years. The projected yield in subsequent years: 4 year - 9% 5 year 9.3%;
- The management company USL – running more than 2,600 apartments student accommodation in the UK;
- Stages of payment: 50% Deposit, 25% - June 2018 25% stage of readiness of the object;
- Full transaction support for Russian language;
- Without a fee.

About Bristol and the demand for student housing in the city:
- 2 universities: University of Bristol and University of the West of England, with an enrollment of 51,000 students.
- An acute shortage of 7,000 seats for student housing;
Bristol ranks first among cities in the UK for investment in student housing according to the Savills report;
- Property prices in Bristol rose by 6.1% over the past 12 months;
- University of Bristol carries out the expansion project cost £300,000,000, which will increase the number of students;
- Both universities have very strong international connections, they take more than 10,000 foreign students;
- Apartments are located within walking distance from city centre, University of Bristol, the largest shopping centre and from the railway station towards London (1 HR 30 minutes to London).

Seller information

Seller type Agency
Company FOrtune Capital

Location of the property on the map

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