2013-01-15 18:44:55 - Exclusively released by Experience Invest, the team behind the UK's first campus-based student accommodation investment opportunity available to non-institutionalised investors has released a number of new units.
Exclusively marketed by Experience Invest, a number of new units have just been released in the UK's first campus-based student accommodation investment opportunity available to non-institutionalised investors.
The Developer has now opted to sell a number of units from their own allocation, meaning Experience Invest can again offer the opportunity to invest in a selection of en-suite and studio rooms in the development. The units will all provide investors with 10% NET returns per annum assured for 5 years.
Hurn House, which is Experience Invest's quickest selling student accommodation investment, previously sold out in under a month.
Located in the heart of Bournemouth's town centre and on one of Bournemouth University's campuses, the development is ideally situated to answer the undersupply of
halls accommodation at the University.
Identifying the demand for rooms, last year the Residential Services Manager at Bournemouth University stated that 800 first year students missed out on halls of residence spaces in 2011.
Why invest in student accommodation?
Student accommodation in the UK was named the 'key asset class of 2012' by The Times and received a record £2 billion of investment in the first nine months of 2012 according to the UK Student Housing Market Review by CBRE.
Bournemouth is a particularly good location for investment in this sector with industry experts, Knight Frank, ranking the town the UK's 15th most attractive area for investment based on the supply of available rooms and the quality of the university.
Student accommodation investment within fully-managed, purpose-built buildings has become increasingly popular with investors and landlords as the sector offers high yields and, according to CBRE, private sector occupancy levels operate at around 99%.
What's more, student room investment did well throughout the recession 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
Following the sell-out success of this development, London-based Property Investment Company, Experience Invest is the exclusive agent marketing this development.
The investment offers investors a low entry into this popular property sector and will provide 10% NET yields per year which are assured for 5 years. For peace of mind, there is an optional developer buyback in place from year 5.
“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 stated. “Last year we sold our exclusive allocation within one month so we are pleased that we have exclusivity of these new units.”
Units within the development will be delivered fully-furnished and completed to high standard to deliver a truly hand-off UK property investment. To ensure long term sustainable occupancy levels, the building is just 500m from Bournemouth's award winning sandy beaches and is ideally located within a short walking distance from local shops and amenities.
Units are available for £44,950 and a favourable payment plan is in place over the duration of the construction phase.
For further information about this exclusive student accommodation investment, contact Experience Invest on 0207 321 5858 or go to www.experienceinvest.com/hurn-house-bournemouth/