UK student accommodation performed well over the last 5 years, showing average annual total returns outperforming many commercial property asset classes,”
- Savills Spotlight on Student Housing Summer 2012
(PRWEB) January 17, 2013
Exclusively marketed by Experience Invest, the team behind the UK’s first campus-based student property opportunity available to non-institutionalised investors has released a number of new units.
The Developer has opted to sell a number of en-suite and studio rooms from their personal allocation, enabling Experience Invest to offer new units which will provide an assured 10% NET yield p.a. for 5 years.
Previously sold out in four weeks, Hurn House is Experience Invest’s fastest selling investment in the student property sector.
Located in the heart of Bournemouth’s town centre and on one of Bournemouth University’s campuses, the development is ideally placed to answer to the acute undersupply of purpose-built accommodation available to first year students.
Emphasising the demand for rooms, last year the Residential Services Manager at Bournemouth University stated that 800 first year students missed out on halls spaces in 2011.
Why invest in student accommodation?
Named the ‘key asset class of 2012’ by The Times, UK student accommodation investment received a record £2 billion of investment in the first 9 months of 2012 according to CBRE's UK Student Housing MarketView.
Pinpointing locations for investment, Knight Frank ranked Bournemouth as the 15th most attractive areas for investment based on the supply of available rooms and the quality of the academic establishment.
Fully-managed, purpose-built student property have become popular to investors and landlords as the sector offers high yields and, according to CBRE, private sector occupancy levels operate at around 99%.
Furthermore, student room investment performed well during the economic downturn with Savills Spotlight on Student Housing Summer 2012 stating, “UK student accommodation performed well over the last 5 years, showing average annual total returns outperforming many commercial property asset classes”.
Exclusive Campus based Student property Investment
Exclusive to London-based Property Investment Company, Experience International who successfully sold out the original launch of this project, the investment will provide 10% NET returns per annum which will be assured for 5 years.
“To answer to the demand from our investors we are pleased that we are able to offer a number of new units within this popular Bournemouth student accommodation investment,” Jerald Solis, BDM of Experience Invest commented. “Last year we sold our exclusive allocation within one month so we are pleased that we have exclusivity of these new units.”
En-suite and studio rooms within the purpose-built building will be delivered fully-furnished and completed to high standard to deliver a truly hassle-free UK property investment.
To ensure sustainable occupancy levels, the development is just 500m from Bournemouth’s award winning sandy beaches and is strategically positioned walking distance from local shops and amenities.
Rooms within the development are available from £44,950 and a payment plan is in place across the duration of the construction phase.
To request more information about this student property investment, contact Experience Invest on 0207 321 5858 or visit http://www.experienceinvest.com/hurn-house-bournemouth/