International Investment Consultants
Overview
An eight story development of 257 high quality purpose built studio rooms catering for the ongoing demand for postgraduate accommodation in the city.
Located in the very heart of the city, Collegelands and in very close proximity to Glasgow’s three universities.
The building will be a component of the city centres new expansion and regeneration strategy and provides a perfect investment solution.
In More Detail.
The lower ground floor of the building houses a games area, gym with ancillary changing rooms/showers and other amenities such as a laundry room, luggage storage and a cycle store.
Located at the upper ground level are the main reception and concierge, communal lobby/lounge, with relaxing seating and vending facilities, along with secured access to the bedrooms. There are also two meeting and exhibition rooms, the operator’s office, and a mail/parcel delivery zone allocated within this area.
Levels 3 to 8 contain the studio bedrooms in double bank arrangement, of which two per floor are disabled-accessible bedrooms, giving a total of 5% of disabled-accessible bedrooms in the development.
Collegelands Glasgow will be a highly sustainable development and will incorporate
as near to zero carbon principles through the use of renewable power sources.
Why Glasgow.
Glasgow is the largest city in Scotland with 41% of the countries population living there. Glasgow is also home to many of Scotland’s largest businesses, placing it in the top 10 financial centres in Europe.
Glasgow is “home” for 62,000 students of whom 15,000 are post graduates divided between the 3 main universities of Glasgow Caladonian, University of Glasgow and the University of Strathclyde.
Accessible, affordable and diverse, the city provides a perfect mix of Scottish tradition and charm with a vibrant multicultural social scene - it is a great place for students from all backgrounds and cultures.
Adding to the appeal of Glasgow, the Scottish higher education fee system allows eligible Scottish and E.U. students to enrol without having to pay tuition fees whilst studying in the country. This has guaranteed a constant supply of students enrolling in the countries universities with a notable increase in non U.K. students. In Glasgow alone, 37% of the 15,000 postgraduate students are from outside the U.K.
In Glasgow, there is only one bed for every 21 postgraduate students - a demand that our student development will help to cater for.
INVESTMENT SUMMARY
. High standard deluxe studio Apartments fully furnished from £77,300
. 125 year lease.
. 2 year Rental assurance of 7.5% net backed by bank deposits.Year 3 estimated net yield 8%+
. High energy efficiency and low operational costs to benefit both student and investor.
. Fully mortgageable upon completion in 2015
. Managed for the investor by one of the U.K’s largest student accommodation operators.
. Central location with excellent transport facilities and amenities.
. 24Hour security and concierge
. Hi speed broadband and wi-fi.
. Brochure available upon request.