Purpose Built Student Accommodation (PBSA)
ASQUITH HOUSE

Development:  Asquith House

Location: Leeds, United Kingdom

Property Type: Student AccommodationProperty Investment

Completion: January 2015

Price: From £52,995  -  £74,995

 

  • 8.57% Rental Income Assured for 5 years

  • Student Rooms | Studios | Complete Apartments

  • Fully furnished to High Specification

  • Core UK University City

  • Fantastic Location Next to 7 Learning Institutions 

  • Highly Experienced and Professional Specialist Student Property Management 

  • Completely Hands Off Property Investment

 

 

Why Invest in Purpose Built Student Accommodation (PBSA) ?

The student sector is now growing faster than ever and according to the Knight Frank Student Report 2014,  will continue to outstrip traditional asset classes into 2014. 


This is the perfect time to take advantage of current investment conditions as rental growth in the sector has increased every year since the downturn and demand for student accommodation in all core university cities and towns continues to outstrip supply, especially in the boutique/hotel style PBSA which is set to continue this upward trajectory for at least the next 5 years.  

 

 

See the Knight Frank Student & Accommodation Forecast 2014 Below

 

 

 

The Location



Leeds has recently topped a list of university towns and cities that could benefit from more purpose built student accommodation. With 54,857 full time students in higher education and only 13,147 on campus student rooms, the city is struggling to offer the high quality accommodation that is being demanded by a new generation of consumer student. 

 

University of Leeds, part of the Russell group of universities representing 24 leading UK universities, can only provide accommodation to just 24% of full time students leaving investors perfectly placed to take advantage of this shortage in student accommodation. 

 

Asquith House is within 5 - 10 minute's walking time of University of Leeds, Leeds Metropolitan University and Leeds College of Art,  20 minute's walk from Leeds City College and Leeds College of Music, with a host of amenities such as Leeds Opera House Theatre, Central Library and the Shopping Quarter in between.

 

Being so close to both main university campuses, students will benefit from living and studying within a thriving student hub with an abundance of cafés, bars, restaurants and shops!  



The Property 



The buildings, being named after leading figures in British history, Asquith House and Austin Hall, standing side by side,  comprise a total of 298 en-suite bedrooms and studios over 7 levels. The ground floor gives access to;

 

  • Reception with lobby and seating area

  • Laundry area

  • Staff offices

  • Communal toilets

  • Cycle store

  • Bin store

 

Student rooms are private and fully fitted with  

 

  • Double bed

  • Fitted Wardrobes

  • Workstation

  • Shelving and drawers

  • En-Suite bathroom with shower cubicle, vanity sink unit and toilet

  • Carpet, blinds and light fittings

  • Internet with hi speed Wi-Fi or Ethernet connection. 

 



Communal areas

 

  • Fully Fitted Luxury Kitchen

  • Fitted Oven Hob and Extractor Fan

  • Fridge Freezer

  • Microwave

  • Breakfast Bar adn Seating

  • Lounge with Sofas and Flat Screen TV

 

 Property Management 



 Delivering the Next Generation of Managed Student Accommodation

 

This property is managed by Urban Student Life who offer unrivalled levels of service and security for the students, setting a new standard of hotel style student accommodation. USL are currently acheiving 100% occupancy and acheiving higher rents than anticipated accross their managed PBSA in the UK. 

 

USL specialise in deposit management with rooms checked on a regular basis and students will have money deducted from their deposits to cover any damages which will ensure that your units are regularly maintained and keept in excellent condition. In addition there is a sinking fund to cover maintenance of communal areas. This means peace of mind for you, the investor - you are safe in the knowledge that your unit is ready to let in great condition at all times, without incurring any cost to yourself. 

 

A Fully Managed 100% hands off property investment providing you with a truely passive income. 

 

 

To request further details for Asquith House, please provide your details below or call us on +44 (0) 208 621 3090