Citispace Serviced Apartments occupy a prime address in Leeds city centre, within walking distance of the university campuses, popular retail quarter, centres of employment and of course – the nationally renowned St James’s Hospital, one of the UK’s leading teaching hospitals. Furnished to a high standard, all the apartments enjoy air conditioning and guests can take advantage of the onsite facilities which include secure car parking, laundry, café, and super-fast broadband.
Introducing Serviced Apartments
A growing asset class with higher yields than traditional PRS and BTR assets.
In 2023 JLL predicts the Serviced Apartment market to grow exponentially, citing increased appetite for serviced apartments:
An asset class that can provide a hedge against inflation
An asset that can offer investors an underlying asset in a core or prime location
An asset class with an efficient operating model, particularly pertinent in a period of labour and utility market uncertainty
An asset class that offers a historically higher yield than the PRS and BTR sectors, making them more aligned with the hospitality sector 2023 forecasts showing Serviced Apartments outperforming the Hotel sector
An influx of institutional capital into the sector. The UK accounts for 47% of European transactions in serviced apartments
About Leeds
Leeds is a city that has outperformed all UK average economic data over the last 10 years. In their July 2023 report, Savills described Leeds as ‘the largest contributor to UK GDP in the Northern Powerhouse,’ earmarking its vast potential as a key area of growth with a local economy worth £69billion, a workforce of 1.4million people and over seven million people within an hour’s drive. Its buy-to-let appeal is further cemented by the fact that it has one of the largest student populations in the UK and is regarded as a top UK shopping destination – making it a coveted location for city centre serviced apartments. Citispace apartments tick all boxes in their appeal to business travellers, tourists and those associated with Leeds academic and medical institutions, including one of the UK’s largest teaching hospitals which is less than a 10-minute walk away.
It’s the financial powerhouse of the north. Leeds GVA is forecast to increase by 16% over the next 10 years.
It’s pivoted to a future-focused industry. Innovation is at the heart of the city’s growth plan with the information and communication sector expected to grow by 31% over the next 10 years and healthcare is huge in the city, with the sector forecast to increase by 35% between 2018-2028 (£1.1bn). Already the city is home to NHS Digital – a major driver of future growth, and a major UK teaching hospital – ideal industries for short-term lets.
The city is home to one of the most popular universities in the country (University of Leeds) THREE graduate law schools and many other colleges and educational institutions including the prestigious Northern Ballet School, all attracting short-stay tenants.
There is a documented shortage of short-stay apartments in the city centre, thanks to its growing industry and commerce as well as being a tourist destination.
It’s still a relatively affordable place to live which means better rental yields for landlords!
Investment Highlights
Price £110,000
Completed and operational
85% Occupancy rate
The average length of stay is 3 months
Located in the Leeds City Centre
6% Net Guaranteed Returns for 5 Years
Close to University Hospital, Beckett University and Leeds Rail Station
Headquarters of Sky, PWC, KPMG, Labcorp, NHS Digital, Asda Group, First Direct, Channel 4and Zurich Financial Services are within 15 minutes of the drive.
999 years leasehold with zero ground rent
MacArthur House is a stunning collection of 118 apartments, part of the Nightingale neighbour regeneration scheme, nestled in the heart of Derby’s bustling centre. Nightingale Quarter is a truly unique development, incorporating 925 city centre homes including six acres of green open space, parkland and gardens. It’s easy to forget that you are so centrally located.
Derby itself is a city putting itself on the map, with some of the highest employment rates in the country, with companies like Toyota, Rolls Royce and Bombardier leading the way in the cities’ advanced manufacturing sector.
The Nightingale Quarter is one of the largest city centre regeneration sites in the UK, covering more than 18.5 acres. The development has been sympathetically designed to incorporate the iconic Victorian "Pepper Pot" buildings, which will remain on site as a permanent reminder of the heritage of the development. Pepper Pot North will become the hub of the community with a cafe and eatery at its heart. Pepper Pot South, will be transformed into a community gym to be enjoyed by all.
About Derby
Derby is the UK’s most central city boasting 254,000 residents with a further 2.1 million people living within a 45-minute radius. The city recently ranked second in the UK Powerhouse City Growth Tracker report, sitting between Cambridge and Oxford. Derby is an international hub for the aerospace, automotive and rail industries. The world headquarters for Rolls-Royce Civil Aerospace is located in the city, together with Bombardier’s UK transport division. Toyota’s principal UK manufacturing plant is also based in Derbyshire. These three companies employ over 20,000 people locally, with many more employed by companies who form a part of their extensive supply chains
Boasting a wealth of cultural and entertainment venues, the city of Derby enjoys a distinctive and colourful ambience. The Derby Museum & Art Gallery, located on the gorgeous Strand, is home to a charming and varied range of internationally significant collections, whilst The Silk Mill Museum, located on the banks of the River Derwent, displays fascinating items from Derby’s rich industrial heritage. Market Place now hosts QUAD, a modern cinema, gallery, café bar and workshop venue, while the nearby Guildhall Theatre continues to offer intimate live theatre and musical performances throughout the year. Derby Cathedral runs an annual programme of services, concerts and events, with the wider Cathedral Quarter playing host to CQ Saturdays, as well as the Derby Comedy Festival, Derby Feste and Derby Folk Festival. Beyond Derby, a number of music festivals take place across the region every year, including the Y Not Festival.
Investment Highlights
Price £190,000
Completion Q4 2024
24 contemporary 1-bedroom apartments
Leasehold with zero ground rent
A service charge of approx. £2.22 per sq ft.
6% rental yield projection could be higher upon completion
Derby is the centre of England, most other cities are under a 3-hour drive away
Derby has the highest average yield of any East Midlands city.
Second fastest-growing regional economy in the UK
Population is expected to grow by 9.45% by 2028.
21,000 new jobs to be created
£2 billion worth of regeneration in the pipeline for the city centre.
One of the fastest growing areas for house prices in the country, but still affordable.
Big regeneration area, lots of money being spent on the city centre and this particular development which will in turn attract more investment.
Lots of businesses within close proximity of the development to drive long-term rental demand.
Rudlens Apartments is a unique collection of contemporary apartments in the heart of Wellingborough, a small market town located in Northamptonshire.
Wellingborough has a wealth of history, a bustling community and recent investment in the area makes it a desirable place to live.
Within the local vicinity you will find plenty to keep you entertained, from cafes, shopping and local countryside walks, Wellingborough is a thriving community with something to offer for all.
The building has a truly spectacular style – with features such as large anthracite windows with Georgian bars and high ceilings throughout, combined with brand new fixtures and fittings, parking and a new build warranty – Rudlens Apartments offers the ideal of modern living.
About Wellingborough
Wellingborough has been ranked in the top ten places with the strongest house price growth, according to data from Halifax, with a 15.5% increase in 2022 and it has been predicted that there will be further growth in the coming years.
House price rises were partly boosted by London residents selling up in the capital to upsize to bigger properties and be able to swiftly commute to the capital in under 50 minutes to St Pancreas Station and excellent commuter connections to main motorway routes around the country.
Residents especially enjoy the area’s countryside, country parks and the newly built shopping and leisure complex at Rushden Lakes.
Investment Highlights
Prices from £135,000
Completed and tenanted apartments
24 contemporary 1 and 2-bedroom apartments
Leasehold with zero ground rent
Service charge of £1.59 / sqft
6% current rental yield
London Commuter Belt, just 53 minutes to London Kings Cross station
10 minute drive from Northampton
Big regeneration area, lots of money being spent on this area to refresh it and increase the population
Population is due to increase
The Glassworks Nottingham is a collection of 27 high specification, luxury loft style apartments within a Victorian-era factory right in the centre of Nottingham. With an enviable location 2 minutes’ walk from Nottingham Central Station, 5 mins walk from the City Centre and a short walking distance to all major sports grounds, cultural attractions, business district, and universities, this is a unique opportunity to purchase a high-specification apartment in a highly desirable area for well under the UK national average flat price and an area in demand for young professional tenants as well as higher education participants. Investors can invest from as little as £26,000 to secure an apartment here with the balance due on completion scheduled for Q1 2024.
About Nottingham
Nottingham is the 9th largest city in the UK and the largest in the East Midlands region with a population just shy of 332,000. Brimming with history (the home of the Robin Hood legend), culture, and entertainment, it has been named one of the best cities to live in across the UK. The economy is the 7th largest in the UK worth £55 billion and is ranked as a global city by the Globalization and World Cities Research Network. Traditionally an economy based on lace and tobacco, the modern economy has evolved and holds host to several large-scale businesses within the service sector.
The headquarters of several large companies are based in the city: these include Alliance Boots (formerly Boots the Chemists); Chinook Sciences; GM (cricket bats); Pedigree Petfoods; VF Corporation (American clothing); Changan Automobile (Chinese-made automobiles); the credit reference agency Experian; energy company E.ON Energy UK; betting company Gala Bingo; amusement and gambling machine manufacturer Bell-Fruit-Games; engineering company Siemens; sportswear manufacturers Speedo; high-street opticians Vision Express and Specsavers; games and publishing company Games Workshop; PC software developer Serif Europe (publisher of PagePlus and other titles); web hosting provider Heart Internet and the American credit card company Capital One. Nottingham also has offices of Nottingham Building Society (established 1849); HM Revenue & Customs; the Driving Standards Agency; Ofsted; the Care Quality Commission and BBC East Midlands.
As an important centre for sports, the city plays host to 2 of the world’s oldest football clubs Nottingham Forest and Notts County and Nottingham Rugby Club who play in the English second division. Dubbed the ‘Home of English Sport’, The National Ice Centre, Holme Pierrepont National Water Sports Centre and Trent Bridge international cricket ground are all based in and around the city, with the vast majority a stone’s throw from The Glassworks. The city also plays host to 2 world-class universities, the University of Nottingham and Nottingham Trent University ranked 25th and 56th respectively in the 2023 Good University Guide, with a total of over 65,000 students studying in the city.
Why Nottingham?
10.7% increase in house prices between 2021 and 2022, the highest increase across the country.
Voted Best City to live in the UK by the Sunday Times.
A thriving rental market with 13% growth in rental yield between 2021 and 2022!
£250 million Southside regeneration scheme located next door to the scheme.
The NG2 postcode has an average asking price of £332,000, much higher than the prices in this development.
£11 billion growth in metropolitan area GVA expected between 2020 and 2030.
Fantastic transport connection with the city tram, M1 Motorway, Central Rail station and East Midlands Airport all a short distance from the development
6-7% Yields based on current rental prices (which will likely increase before completion)
Investment Highlights
Prices from £130,000
Studio’s, 1 and 2-bedroom apartments
Share of freehold opportunity with zero ground rent
Service charge of £2.31 / sqft
Up to 7% projected yield
Completes in Q1 2024
Invest with just £26,000
20% on exchange, 80% on completion
Excellent Nottingham city centre location
The Triangle is a striking development overlooking the River Stour and neighbouring Victoria Park in the boom town of Ashford, Kent. Ideally located and directly opposite Ashford’s flagship leisure centre Elwick Place, the development is only a 12-minute walk from Ashford International Station. Buyers can choose from studios, one, two and three-bedroomed apartments with views over the river and parkland.
From Ashford International, reach London Stratford in only 29 minutes and London St Pancras in 36 minutes. What’s more, Ashford is a major terminus for Europe, directly connected to three European capitals; Brussels in 1h 32 mins, Paris in 1h 52 mins and Amsterdam in 3hrs 50 mins.
About Ashford
Ashford is a very interesting location, where property prices have increased by over 30% in the last 5 years, where house prices are on average 38% cheaper than in London and where population in the area has increased by 22.5% in just the last 15 years. What's more, Kings Cross St Pancras is just 36 minutes away by train making Ashford the perfect London commuter belt town. All of these facts mean this investment has the potential of working very well for our investors and hence why we expect the units to sell quickly. Below are a few investment highlights.
Why invest in Ashford?
22.5% population growth over last 15 years
22.5% population growth over last 15 years
38% growth in Ashford prime industrial rents
30% average house price growth over last 5 years
73% lower office rents than London
39% lower house prices than London
Ashford Designer Outlet attracting more than 3 million visitors per year
Ashford is home to Kent's largest office complex
Investment Highlights
Prices from £180k
Projected rental yields of 5.8%
Parking included with all 2 and 3 bedroom apartments
Zero ground rent
999 years leasehold
Balconies included with all apartments
Introducing the most exquisite standards of luxury living to Manchester’s very own cultural powerhouse, One Port Street will revolutionise the build-to-rent market in the Northern Quarter.
A first-class living experience in the city’s creative capital, residents will have access to the finest amenities on the market, pushing the boundaries of resident experience like never before.
About Manchester
A city that’s attracting investment from around the world. Take just one look at the many cranes that are reshaping Manchester’s skyline right now and you realise that this is a city growing.
A city with a young, expanding population. Home to elite universities and world famous football clubs as well as some of the world’s biggest multinationals including 80/100 of the Top 100 FTSE companies.
Manchester is also one of the most in demand and under supplied property markets in the United Kingdom. With projections forecasting Manchester and the North West to drive growth in the next five years and beyond, everything is in place for the city to remain one of the strongest places to buy property in both The United Kingdom and Europe as a whole.
Investment Highlights
477 luxury one, two and three-bedroom apartments
32 storeys with spectacular views across the city
999 years leasehold
Prices from £295,000
6% project gross yield
12% capital growth forecast over the construction period
A landmark destination in Manchester’s iconic Northern Quarter
Completed Buy-to-Let Apartments in Sheffield City Centre. A spectacular 17-storey curved glass tower overlooking the River Don in the heart of Sheffield City Centre, consisting of a stunning collection of 123 superbly designed high-specification apartments within a vibrant new retail and leisure quarter, with riverside restaurants, bars and outdoor terraces.
It’s a contemporary collection of riverside apartments in a landmark building in the Central Riverside Regeneration district. The striking glass-clad development enjoys a fabulous location close to the city centre amenities, as well as the relaxed living pace amongst the revitalized industrial quarters, rivers, and canals of Sheffield.
About Sheffield
Sheffield, the ‘City of Steel’ is in the eastern foothills of the Pennines and the valleys of the River Don with its four tributaries: the Loxley, the Porter Brook, the Rivelin and the Sheaf. Sixty-one per cent of Sheffield's entire area is green space and a third of the city lies within the Peak District National Park, the only city in the world to lie within a National Park boundary. There are more than 250 parks, woodlands and gardens in the city, which is estimated to contain around 4.5 million trees. The city is 29 miles (47 km) south of Leeds, 32 miles (51 km) east of Manchester, and 33 miles (53 km) north of Nottingham.
Sheffield played a crucial role in the Industrial Revolution, with many significant inventions and technologies having developed in the city. In the 19th century, the city saw a huge expansion of its traditional cutlery trade, when stainless steel and crucible steel were developed locally, fuelling an almost tenfold increase in the population. The city then became part of the county of South Yorkshire; this has been made up of separately-governed unitary authorities since 1986. The 21st century has seen extensive redevelopment in Sheffield. Sheffield's gross value added (GVA) has increased by 60% since 1997, standing at £11.3 billion in 2015. The economy has experienced steady growth, averaging around 5% annually, which is greater than that of the broader region of Yorkshire and the Humber.
Investment Highlights
123 BMV Apartments with 31 available now.
Prices from £95k below local comparisons at just £250 psf.
6% on AST, higher with short-term lets
Completed and tenanted apartments
Leisure hotspots and universities within walking distance
Located in Sheffield City Centre
Immediate income with zero development risk
Clarence House occupies an ideal location in Royal Windsor and the new Crossrail links that offers direct access to Central London and the financial district in 30-40 minutes. This is one of the most attractive and in-demand locations in the UK for long- and short-term renters. Built to a high specification, Clarence House is home to 16 apartments which offer a modern lifestyle in this historic location.
Fully fitted kitchens with top-of-the-range appliances complement bright, airy living spaces and bedrooms with top-of-the-range fixtures, furnishings and other high-end design touches. Parking is available with each apartment and construction completed last year. This means investors can generate immediate income with absolutely no development risk.
Royal Windsor
Crowned by Windsor Castle which has been in place since the 12th century, Windsor is now the official home of King Charles and has a rich mixture of history, culture and modern ambitions which makes it unique.
In the modern day, proximity to London and Heathrow Airport marks Windsor out as a key economic hub in the London Commuter Belt. A growing population, an unmatched spread of tourist attractions and the natural vibrancy of the town’s storied schools such as Eton College combine to create a cosmopolitan modern atmosphere.
Windsor is only becoming more popular every year, and by investing in Imperial Quarter you can play your part in its story. Welcome to Windsor and this outstanding new development.
Investment Highlights
16 one and two-bedroom apartments
Prices from £450
Up to 10% projected yield
124 years leasehold
Zero ground rent
Estimated service charge £1,200 / annum
Parking with each apartment (£15k)
Bright spacious apartments
Prime for short-term rentals
Castle view from higher apartments
An exciting opportunity in Victoria North, a prime location chosen for the extension of Manchester City Centre.
The Forum offers thoughtfully crafted boutique residences that connect you to both nature and the city. Embrace city living in a quiet residential oasis with easy access to Ancoats and Northern Quarter neighbourhoods.
The scheme has been designed to be a contemporary, design-led urban home, influenced by the heritage of the local theatre. Featuring creative twists across 90 apartments, with additional residents lounge, communal gardens, bike storage and car parking all within the heart of Manchester’s Victoria North District, The scheme is truly perfect for young professionals and families alike.
£1b developing Victoria North over the next 20 years
Manchester City Council and developer partners including CERT property will collectively invest over £1 Billion in developing Victoria North over the next 20 years. All along the Irk River Valley will be new homes, schools, healthcare, connected public spaces and improved travel links. Together, we’ll make Victoria North a more unified, greener place to call home.
The site covers approximately 155 hectares to the north of Manchester city centre between Victoria Station, NOMA and the Northern Quarter in the southwest, and Queens Park and the intermediate Ring Road (Queens Road) to the North-East.
Opulent are proud to be able to offer our latest student accommodation exclusive offering. Due to the success of our previous Stoke-on-Trent student accommodation developments we are launching our latest opportunity which is within close proximity to the University of Staffordshire. 161 studio apartments right on the doorstep of the bustling city centre. Being located on the site of the old police station, it will be a mixed conversion and new build property
The building is within just a 10 minute walk to the University of Staffordshire and is superbly located right in the heart of Stoke-on-Trent close to bars, restaurants and nightclubs to keep the students busy in their free time. The project is also conveniently located next to local bus routes and is just a 5 minute walk from Stoke train station that provides connections to Manchester and other parts of the UK.
Investment Highlights
Cash investment from £79,999
161 purpose-built student apartments
8% NET assured for 5 years, excluding ground rent
125 years leasehold
£350 ground rent
Close to Staffordshire University & Keele University
Completion Q4, 2024
Fully furnished (except TV)
Imperial Quarter occupies an ideal location close to Royal Windsor and the new Crossrail links that offers direct access to Central London and the financial district in 30-40 minutes. This is one of the most attractive and in-demand locations in the UK for LEGOLAND® short-term renters.
Built to a high specification, Imperial Quarter is home to 14 apartments and 2 houses which offer a modern lifestyle in this historic location. Fully fitted kitchens with top of the range appliances complement bright, airy living spaces and bedrooms with top of the range fixtures, furnishings and other high-end design touches.
Parking is available with each apartment, and the development is approaching the final stages of construction. With completion set for early 2023, this opportunity will generate income almost immediately for investors with little or no development risk.
Royal Windsor
Crowned by Windsor Castle which has been in place since the 12th century, Windsor is now the official home of King Charles and has a rich mixture of history, culture and modern ambitions which makes it unique.
In the modern day, proximity to London and Heathrow Airport marks Windsor out as a key economic hub in the London Commuter Belt. A growing population, an unmatched spread of tourist attractions and the natural vibrancy of the town’s storied schools such as Eton College combine to create a cosmopolitan modern atmosphere.
Windsor is only becoming more popular every year, and by investing in Imperial Quarter you can play your part in its story. Welcome to Windsor and this outstanding new development.
Investment Highlights
14 one, two, and three-bedroom apartments
2 three bedroom houses
Prices from £375k
Up to 12% projected yield
250 years leasehold
Zero ground rent
Estimated service charge £1.93 psf / annum
Parking with each apartment (£15k)
Bright spacious apartments
2-year rental assurance at 6%
Prime for short-term rentals
Castle view from higher apartments
London House is a completed and operational student accommodation development in Stoke-on-Trent. Consisting of 76 cluster student apartments, this project has been completed since 2018 and managed by the University of Staffordshire Student Union Management Company, Greenpad. The building has been extremely popular with students and those studying within the area.
The building is within just an 8-minute walk to the University of Staffordshire and is superbly located right in the heart of Stoke-on-Trent close to bars, restaurants and nightclubs to keep the students busy in their free time. The project is also conveniently located next to local bus routes and is just a 5 minute walk from Stoke train station that provides connections to Manchester and other parts of the UK.
Investment Highlights
Completed, operational student accommodation
From £57,950
Zero ground rent
Zero stamp duty
2 year rental assurance (7% NET)
Close to Staffordshire University and Keele University.
Managed by Staffordshire University’s student union management company
Population of 255,000 people
90 mins to London Euston via Train
Michelin Tyres have their UK Headquarters in Stoke
JCB, the world leaders in construction machinery have announced 2,500 new jobs.
The UK’s largest car manufacturer, Jaguar Land Rover, will be creating 1,400 jobs at its new engine plant.
Overseas Investors can capitalize on the current weak rate of British Pound.
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