Becket Hall, Canterbury, United Kingdom
Development: Becket Hall
Location: Canterbury, United Kingdom
Property Type: Student Accommodation Property Investment
Completion: Q4 2013
Price: From £59,995 - £74,995
8.33% Rental Income Assured for 5 years
Buy-Back Option Year 3 -5 at 115%
Prime Location for Universities and Amenities
Highly Experienced and Professional Management
Completely Hands Off Property Investment
Why Invest in Purpose Built Student Accommodation ?
In 2010, the UK housing shortage figure reached 1 million homes. Since then stock availability has fallen by 0.9%. A lack of supply is sustaining high rental values reflecting a long-term trend within the UK for high returns and sustainable growth in the buy-to-let market.
The student rental market reflects this situation, with a lack of new builds and rising demand for University places adding significant value to any development in the market.
Rental income from student properties has increased every year for the last 6 years by between 3% and 5%. The returns seen from student investments are further supported by extremely high occupancy rates of over 99%.
Despite higher tuition fees being introduced for 2012/2013, the UK’s higher education system remains heavily oversubscribed, and the development of new student accommodation has not kept pace with the growth in student numbers,
This is the perfect time to take advantage of current investment conditions.
Located in the county of Kent, South East England Canterbury can be reached from London by train in just 55 minutes or Paris in just 2 hours. A small medieval city with four universities, Canterbury oozes student appeal and offers an eclectic mix of ancient architecture, busy bookshops and cosy cafés, together with lively nightlife, art galleries and great shopping.
There are excellent transport links to Canterbury which, is just 56 miles (90km) from London via the M2/A2 motorway with regular high-speed trains between Canterbury West and London St. Pancras station. The Eurostar terminal at Ashford is close by too, meaning you can be in Paris, Brussels or Lille within two hours. The channel ports are within 20 miles (32km), about 30 minute's drive of the Channel Tunnel at Folkestone - Europe really is on your doorstep !
Canterbury Student Village is a purpose built development comprising of 336 units spread across three separate buildings (Marlow House, Becket Hall and Chaucer Court). It offers a mix of en-suite pods and studio study rooms complete with kitchen.
Becket Hall, named after the Archbishop of Canterbury in 1162, is phase I of the development, offering 40 units over 4 levels, with 38 en-suite student pods and 2 studios with private kitchenette. The pods are arranged in clusters of 4-6 units, each sharing a communal area complete with kitchen, dining area and lounge.
It is located within a 15 minute walk from the main campus of Canterbury Christ Church University and the University for the Creative Arts. The University of Kent is a 30 minute walk away. A large 24 hours supermarket is right next door to the property and provides local shopping for the area.
Communal areas in each cluster will be equipped with a fully fitted luxury kitchen, oven, hob and extractor fan, fridge freezer, microwave, washing machine and tumble dryer, breakfast bar and seating. The lounge area will have comfortable sofas and flat a screen TV with high-speed wi-fi internet connection throughout.
Student Pods will be equipped with three quarter size bed, workstation with study chair, adequate shelving and drawers, fitted wardrobes, carpet, blinds, lighting as well as having its own private bathroom.
Studio apartments will be larger than the student pods and in addition will have a separate kitchenette with fitted oven, hob and sink.
To request further details for Becket Hall, please provide your details below or call us on +44 (0) 208 621 3090