International Investment Consultants
Overview
A development over 7 floors of 150 larger than average high quality student apartments specifically designed to meet the needs of the post graduate student market.
Each room has its own private secure access , bespoke kitchen, living space and private bathroom.
The reception area is manned 24 hours every day
Primus Place is positioned just one minuets walk from De Montford University, a short 15 minutes walk from Leicester University and for medical students, one minute walk from Leicester Royal infirmary.
Ideally located close to the student village and to the shops of Leicester city centre, the apartments are Ideal for the student looking for independent living in a student environment.
WHY LEICESTER
Located in the East Midlands, Leicester is the 10th largest city in the U.K. and provides a culturally diverse commercial centre.
The city is home to two world-renowned universities, the University of Leicester and De Monfort University. 9,800 students in the city are postgraduates.
The student accommodation in Leicester directly owned by the universities has been significantly reduced over the past 10 years to free up scarce university capital resources for direct educational and research provision.
In addition to this, the introduction of new mandatory Homes in Multiple Occupancy (HMO) licensing across the UK makes it difficult for landlords to let their property as shared student housing. This means the demand for purpose-built accommodation keeps growing exponentially.
There has been a handful of student schemes in the city over the past decade in a bid to relieve pressure on the out of centre residential neighbourhoods and although helping the undergraduate students, nothing has been done to address the needs of the postgraduate.
This has left an extreme under-supply for the 9,800 postgraduate students making up 25% of Leicester’s student population.
Primus Place is the perfect solution for these postgraduate students expecting a higher standard of living.
INVESTMENT SUMMARY
. Apartments from £65,000 with a 125 year lease.
. Assured net rental yield of 8% for 5 years.
. 5% paid on all deposits paid during construction.
. Due to open for Student intake September 2015.
. Fully furnished and self contained studios with additional basement storage per studio
. Hands off investment managed by reputable asset managers.
. Fully mortgageable upon completion in September 2015. Construction commencing April 2014.
.Developer experienced in delivering large scale student projects.
. Extremely convenient location.
. High speed broadband and wi-fi connected.
. Full brochure and student market reports available upon request.
"POSTGRADUATE ACCOMODATION IS WHERE THE STUDENT PROPERTY MARKET IS GOING- FUTURE PROOF YOUR PORTFOLIO.