Waterside Court, Chester, United Kingdom
Location: Chester, United Kingdom
Property Type: Student Accommodation Property Investment
Completion: Q3 2013
Price: From £45,950 - £48,950
9% Net Rental Assurance for 5 Years
High Speed Internet
12 Year Builders Warranty
Walking Distance to Universities
Highly Experienced Property 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%.
Student property is fast becoming one of the UK's most popular investment opportunities. With UCAS (Universities and Colleges Admissions Services) reporting a 22% rise in applications for 2011 - 2012 and with a huge national shortage of student accommodation;
this is the perfect time to take advantage of current investment conditions.
Chester, based in the North West of England, has a great number of historical references, landmarks and attractions. Founded by the Romans in AD79, Chester still bears signs of its past with its Roman Amphitheatre, historic City Walls and Chester Castle all remaining intact.
The City of Chester is a vibrant mix of cafés, shops, ancient walls and 3 main learning centres focusing on Business, Biological Sciences and Law. The City is home to all-year round arts festivals, events, exhibitions and street entertainment, including the famous Chester Races, the Rowing Regatta and the internationally acclaimed Chester Zoo.
Local retail and leisure amenities are easily accessible with the bustling student area of Garden Lane only a 5 minute walk away.
Waterside Court is a development of just 36 en-suite student rooms spread across 2 separate buildings. Located just a short walk to all of the universities and the city centre, Waterside Court will be an extremely attractive accommodation option for students wanting a mix of great location and fantastic facilities.
Spread across two different blocks, the 36 en-suite study rooms are arranged in clusters of 5 and 6 bedrooms, each sharing a kitchen/lounge area.
The communal areas will be equipped with fully fitted kitchens including a separate laundry area, while lounge areas will provide ample, comfortable seating, with flat screen TV and high speed internet connection throughout.
All rooms will be equipped with a three quarter size bed, safe, mini fridge, fitted wardrobes, workstation with study chair, adequate shelving and drawers and will have a bright and spacious feeling, with students having their own private bathroom with shower cubicle, vanity sink unit and toilet.
To request further details for Waterside Court, please provide your details below or call us on +44 (0) 208 621 3090