A stunning student conversion a short walk from University of Bradford, assuring investors 9% NET rental yield for 3 years.
Prices from £62,495
9% NET rental yields for 3 years
16 miles to University of Bradford
5% interest on deposited funds
Completion: Q2 2019
Leasehold: 125 years
Furniture pack included
Enclosed private garden
Claremont is a striking student investment opportunity, in UNESCO City of Film, cleverly located a short walk from University of Bradford to cater to the 10, 960 student population. Offering the opportunity to invest in the safest form of property investment, investors will enjoy healthy 9% NET rental yields for 3 years, on apartments from £69,950.
Claremont is a stunning student development catering to both Bradford College and University of Bradford, consisting of 31 self-contained studio developments with fully fitted kitchens, en-suite bathrooms and bedrooms. Selling from £62, 495, with 9% NET rental yields of 3 years, this development is a fantasy investment in a diverse student city. Boasting an enclosed private garden, and close proximity to the multi-million Broadway shopping centre and various nature trails, this property proves to be a fantastic investment in higher education for both a novice and an experienced investor looking to expand their property portfolio.
Reservation fee: £2,000
Exchange of contracts: 25% (less reservation fee)
Completion: Balance (less interest on deposited funds)
Claremont is offering investors 9% NET rental yield for 3 years with a 125-year leasehold. Additional fees include £165 per annum ground rent, £165 projected service charge and management fees of 12% plus VAT.
See table below for an example of the amount of returns you could earn:
Please note these figures do not take into account capital growth. We predict Manchester will increase significantly and terms of capital growth over the coming years. These figures below are based off today's estimated yield.
WHY INVEST IN STUDENT PROPERTY?
Rising student numbers has sky-rocketed the demand for student accommodation.
Located in the curry capital of the UK, for 6 years in a row, Bradford yields student demand for its active social scene including Independent Quarter's buzzing bars and café's and Sunridge Well's, underground entertainment complex. Complemented by its vast £9.5 billion economy, the 8th largest city in the UK, has seen a rise in student numbers due to quality education and career opportunities with companies including Morrison's and Yorkshire Building society, headquartering in Bradford.
Student property investment has become one of the leading assets with investors, due to the high yields and low entry prices. In recent years £4.3 billion has been invested into purpose-built student accommodation with institutions investing a total of 51,150 units across popular student locations. With the rise of mature and post-graduate, the demand for premium accommodation has risen as the traditional student houses decreases.
For further details call (0)20 8445 6542 or email firstname.lastname@example.org.
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