Description
Exclusive student apartments in the centre of Newcastle upon Tyne, designed by renowned architects and built-known construction company in the UK. This is a great opportunity for investors to enter the lucrative sector of student property in the UK at affordable level, where the developer guarantees to 12% net annual return.
To purchase investment you can get a mortgage up to 35% of the investment cost. Investor exemption from VAT. The developer guarantees the 15% annual growth of investments. All payments of customers insured by the leading insurance company in the UK.
The city of Newcastle is located in the Northern part of the UK with a population of 300,000 inhabitants. The city is known for its hospitality and Nightclubs, and is a tourist town rich in its museums, galleries and theatres located in the stunning architectural buildings. The city has excellent transport links to nearby cities of great Britain, the international airport, the coast and is just a 3-hour train ride from London.
In the city of Newcastle is located two large University: Newcastle University (about 1 km to offer our student apartments), where annually study 20,000 students and Northumbria University (slightly less than 1 km to offer us the apartments), where annually study 35,000 students. Newcastle University 12th in the list of the Sunday Times University Guide most popular universities among students. At Northumbria University recently conducted work on improvement of cost £100M+, which also holds a rating of the University. Student residence enjoys an enviable location and is 15 min walk from the very centre of the city of Newcastle. At present the city is a hot spot of investment in student apartments TC demand for new high-quality housing for students is growing fast with growth calibre students from around the world who wish to study in universities of Newcastle.
The complex will consist of 270 spacious rooms in 5 blocks. All rooms are fully furnished, equipped with high-speed Internet and TV, have a private bathroom, as well as to have access to shared kitchen and living room. There are a limited number of apartments with private kitchen, bathroom and balcony of a good size(!!). All apartments will be built to the highest specifications, with excellent facilities and convenience that meets the needs of a modern student. This investment project is designed by the best architects and developers to build a first-class investment student apartments. The property is fully under control of specialists that specialize running such student apartments and it will give investors the peace of mind that all aspects of real estate, such as rent and management, in the hands of professionals.
At the moment the selected well-known management company in the UK with portfolio in more than 3,700 apartments and reaching an occupancy rate of 99%. They care about the students, property owners and investors. This investment will be one of the few offering non-status-mortgages. This reduces the investor's capital necessary for entry-level entrance to the investment of just $ 35,750. There is also a 35% non-status-mortgage deduction of the management company. All contributions investors will be protected by an insurance policy for the period of construction. Investors can expect to achieve a net yield to 11% per annum from the 1st year and to have confirmation that the management company will be guaranteed 7% net profit for the first 3 years regardless of the occupancy of the complex.
Payment scheme:
- Reservation £5,000
- Exchange of contracts through 28 day and in this case you pay 50% of the investment amount (less the reservation amount)
- 15% in 6 months after the reservation
- Balance - when the complex and this balance can be funded non-status-mortgages.
Exemption from paying VAT. The purchase of apartments without credit discount £5,000.
Apartment with private bathroom expected yield 7,45% in 1st year, which will grow to the 3 rd year to 8.06% per year. Apartment - Studio with private bathroom and kitchen are expected revenue of over 11% in the 1st year, which will grow to the 3 rd year to 11.9% per year.
Student apartments are sold with elshadom for 125 years.
The end of construction in August 2014.
Prices for apartments with private bathroom (14 m2 " has 52,250, Studio apartments with a private bathroom and a kitchen (19 m2 to 23 m2 " has 65,000
THE NUMBER OF APARTMENTS IS LIMITED.
For more information call +447557678655 in the office or write to us at [email protected]