We're delighted to announce today this brand new student property investment right on the main campus of the University of Central Lancaster. Welcome to Innovation House...
This newly-announced opportunity is available to investors from today and buyer demand is expected to be buoyant.
Why you may ask? For investors all the fundamentals are in place to ensure a secure investment in the most successful property asset class in the UK for predictable hands-free income:
Developer track record - 35 years experience.
Student demand - the only all-studio purpose-built student accommodation in the city of Preston. The size, design quality and location of Innovation House is set to ensure huge demand from students including those from the growing overseas student market with the desire for only quality self-contained studio living that the traditional "cluster flat" accommodation simply does not deliver.
Location - a major coup for Innovation House is that it's located on campus : quite a rarity for privately owned student property and a real pull for students who prefer the convenience and the feel of being close to all the university academic and social life that the campus offers.
Management - property owners need to be confident that their investment is looked after in the best possible way and know that occupancy will always be expected to be 100%. That's why one of the leading Student Management operators is on board to manage Innovation House perfectly for both students and investors.
All good news for property investors new to this asset class, and for experienced portfolio builders alike. Gross yields are confidently expected of 11%, and an 8% NET yield is contractually assured for the first 3 years. Our research shows that this should continue to be achieved or increased in the following years, making this an easy to own, income generating asset for the long term.
Discover more about Innovation House and the strength of the student property market. Download our handy guide to Innovation House today: