0 Bedrooms Studio for sale in The Midway, Newcastle-Under-Lyme ST5 | £ 78,300
Overview
| Price: | £ 78,300 |
|---|---|
| Contract type: | For Sale |
| Type: | Studio |
| County: | Staffordshire |
| Town: | Newcastle-under-Lyme |
| Postcode: | ST5 |
| Address: | The Midway, Newcastle-Under-Lyme ST5 |
| Bathrooms: | 1 |
| Bedrooms: | 0 |
Property Description
Situated in the heart of Newcastle-Under-Lyme between Keele University, Staffordshire University and Royal Stoke University Hospital, The Met has been carefully crafted to meet the demand of the towns established and fast-growing student population. The development comprises of 211, fully managed and furnished premium student apartments. High quality communal and social spaces across the ground floor and mezzanine level create a unique sense of community. This is the ultimate in student accommodation, in a prime University town location.
Facts
Fully Furnished and managed by a professional student company
Competitive prices from £73,500.
25,000 Students providing high demand across near-by University locations.
Central Location between Keele and Staffordshire universities and close to all local amenities.
Group Study area Cafe Style residents hub
24 hours Laundrette, cycle storage.
High Speed Wifi connection
why invest in student accommodation?
A prudent investment option
Specialist Student Accommodation
''High Yields''
The student property asset class provides relatively high yields which serves to attract private and institutional investors.
''Lucrative''
Student property is among the most lucrative real estate asset classes according to property investment experts.
Opportunity
Purpose-built student housing in the UK is an affordable option with the opportunity to provide dynamic returns.
Currently, there are approximately 3 million students residing in the UK, representing an increase of 1.2 million in comparison to figures generated just 20 years ago. Hence, this sector has flourished from a fringe investment to a global market, valued at greater than a staggering usd $200 billion.
Current trends are indicative that this trend will continue to rise in the future, with the popularity of undergraduate and postgraduate study showing no signs of diminishing. Purpose-built student housing in the UK is an affordable option, with the opportunity to reap profitable returns; due to a scarce supply of accommodation in many major university cities, demand for specialised student rooms continues to rise at a higher rate than the rest of the UK housing market. Moreover, universities who specialise in the recruitment of overseas students will be among the best investment locations.
Moreover, universities who specialise in the recruitment of overseas students will be among the best investment locations.
Flourishing global reputations of institutions specialising in overseas recruitment will coincide with the increasing numbers of students arriving to study from abroad - overseas students continue to further their education at some of the uk’s leading educational institutions. These facilities do not have the desire or funding to provide adequate amounts of student accommodation providing an opportunity for the private sector.
Additionally, such are the extremely low vacancy rates for housing options in close proximity to London universities, there is an unprecedented demand for specialised student accommodation. The consistent demand for housing, student accommodation has become an excellent source of income for private institutions and landlords. Typically, investments such as these come with an assured yield of between 7-9% rental return and with very low risk.
"As a high-performance asset class, UK student housing has the potential to be a safe and lucrative investment opportunity." Student Housing Investment Increases in the UK Housing Pricing Increase .
There has been a marked increase in student accommodation investment activity in the UK over the last three years. The value of current stock and development sites sold in 2013 and 2014 have seen significant increases. Currently, the market is primed to have similar high levels of investment activity in the coming years due to the attractiveness of the student housing sector to potential investors.
Families with high net worth are purchasing properties for their students to live in while at university and after graduation, and the property remains with the family as a buy-to-let investment. If you plan to invest in student housing, select areas where an increase in the student population is expected which will result in increased yields. Manchester, Nottingham, Plymouth, Canterbury, London and Croydon are a good options as new educational institutions have commenced or been announced in these areas. Many overseas students in the UK have wealthy families and are willing to pay for superior accommodation.
It is an ideal time to invest in UK student housing as it is currently outperforming all other types of UK property investments. The increasing demand will exceed availability for years to come.
Property Location
Property Marketed by Hajveri Investments
Address: 69 Farnborough Road, Manchester
Inquire about this property
Similar Properties
Studio For Sale Newcastle-under-Lyme Studio For Sale ST5 Newcastle-under-Lyme new homes for sale ST5 new homes for sale Flats for sale Newcastle-under-Lyme Flats To Rent Newcastle-under-Lyme Flats for sale ST5 Flats to Rent ST5 Newcastle-under-Lyme estate agents ST5 estate agents