"Student property has outperformed every other commercial property class".
Knight Frank Student Property Report 2012
(PRWEB) August 23, 2012
Due to the overwhelming success of their previous project, the developers behind the UK’s first campus-based opportunity have launched a new opportunity for investors to buy student accommodation and secure an assured 5 year 10% Net yield.
It’s no secret that the popularity of student accommodation investment is on the rise, with The Times naming the sector as the UK’s top asset class due to its ability to produce a stable income stream.
Knight Frank has further emphasised the strength of the sector and has stated that the student market has, ‘Outperformed every other commercial property class and delivered consistent returns throughout the economic downturn’.
Due to the continual rising number of students, Savills research has shown that, ‘Oversupply is a rare phenomenon in student housing as the dramatic 20% increase in student numbers over the last 10 years has left most higher education establishments short of accommodation.’
This coupled with the fact that the Residential Services Manager at Bournemouth University, Richard Search, has stated that 800 first year students missed out on halls spaces in 2011 alone, shows that the demand for student rooms in Bournemouth is particularly high.
Ranked the UK’s 15th most attractive area for student property investment by industry experts, Knight Frank, Bournemouth is one of the top locations for investment based on the supply of available rooms and the quality of the academic establishment.
Following the success of their previous Bournemouth opportunity to buy student accommodation, which sold out in a matter of weeks, the developers behind the UK’s first campus-based student investment have launched a new development.
Located in the town’s centre and on one of Bournemouth University’s campuses, the new student opportunity is comprised of 99 en-suite units. Ideally situated to answer to the acute undersupply of halls accommodation at the University, the exclusive marketing agent behind the project predicts that these units will be a popular investment purchase.
“Due to the overwhelming success of our previous student accommodation investment in Bournemouth, we’re pleased to be the only agent offering this unique campus-based opportunity,” Steven Worboys, MD of Experience International commented. “Investors will secure 10% NET annual rental returns for 5 years and interest will be paid on deposited funds throughout construction.”
Delivered fully-furnished and completed to high standard, the development is just 500m from Bournemouth’s award winning sandy beaches and is walking distance from local shops and amenities.
With an experienced developer with a proven track record in place, each en-suite unit is available for £44,950.
Due to the success of the previous project in the same location, investors are urged to act now to secure investment with this high-yielding opportunity.
For more information about how to buy student accommodation, contact Experience International on 0207 321 5858 or email enquiries(at)experience-international(dot)co(dot)uk.