Student For Sale

7% Yield

London House, Stoke.

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.
FAST FACTS
Price
£57,950
Developer
Dencourt Ltd
Management Company
Greenpad (Part of the university student union)
Service Charge
£1000 pa
Payment Plan
25% on exchange, balance on completion
Management Fee
6% + VAT
Ground Rent
Zero
Completion Date
2015
Deposit Interest
na
Tenure
Leasehold 999 years
  • Great Location Close To Universities
  • Fully Furnished Within The Price
  • 7% Net return for 2 years
  • Immediate Income

CONTACT THE CONSULTANT.

London House, Stoke.

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SIMILAR PROPERTIES.