Bradford University is establishing an excellent reputation in several subject areas and this is helping to attract students in increasing numbers not just from the UK but also from overseas.
(PRWEB UK) 21 September 2013
Following a long absence, UK property investment firm, Colordarcy.com, are making a return to the UK property market with the launch of Campus House, a brand new student accommodation development on the main campus of Bradford University.
Loxley McKenzie Managing Director of Colordarcy said, “Bradford University is establishing an excellent reputation in several subject areas and this is helping to attract students in increasing numbers not just from the UK but also from overseas.
As with other cities in the UK, we are beginning to see pressure on housing stock and this is one of the reasons why we are seeing broader recovery in the UK property market outside London.
There is a shortfall in good standard student accommodation in Bradford and we believe that the location and quality of the development at Campus House will attract strong demand from student tenants.”
Bradford announced itself on the student property map as recently as June 2013 when former Dragons Den investor James Caan’s company sold a £40 million development of student accommodation to Arzan Wealth, a Dubai based firm. (Source: Arabian Business Magazine, 9 June 2013)
According to Colordarcy, one of the main benefits of Campus House is that the properties are built and fully occupied. This means that buy-to-let investors can begin making an income from tenanted property from day one rather than investing off plan and having to wait for the property to be built.
McKenzie added, “It makes sense that most students will want to live on the university campus where they don’t need to walk too far to lectures and to reduce travel costs to and from university. Getting familiar with a new city and sometimes even a new culture when you are an overseas student can take time.
This is why students now demand a higher standard of purpose built accommodation than would have been available in cities like Bradford the past.
The units at Campus House are well equipped and on campus which makes them attractive for both students and investors who are able to charge a premium on rent.”
The Campus House properties in Bradford are currently available at prices from £55,000. With rental assurance of 10% paid up front on completion.
Notes to the editor:
Colordarcy is a leading property investment company that specialises in finding positive cash flow investment properties worldwide. Their aim is to provide their clients with properties that offer the unique combination of strong growth returns and cash flow positive income.
Investing in positive cash flow property significantly reduces the risk because the property will pay for itself regardless of market conditions, employment status or other financial commitments.
Colordarcy provides complete support before, during and after a sale, including finding tenants, financial assistance, viewing trips and currency services. Colordarcy are proud members of the ‘Association of International Property Professionals’ (AIPP), and abide by its code of conduct, one established to protect the buyer, by ensuring members follow professional guidelines and procedures.
Colordarcy investment property portfolio includes some of the best properties for sale in Brazil, Florida, Turkey and the United Kingdom.
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Tel: +44 (0) 207 100 2393
Colordarcy Investment Ltd
28 Leman Street