*** CALLING ALL INVESTORS !!! EXCITING OPPORTUNITY TO PURCHASE OCCUPIED LUXURY STUDENT ACCOMMODATION THAT IS ALREADY DELIVERING IMPRESSIVE YIELDS *** Designed with an emphasis on style and quality, The Cube's innovative design sets a new level for luxury student living and provide its residents with a secure home from home. This luxurious studio comprises a fitted double bedroom with wardrobes, desk, bed and en-suite facilities alongside use of a fabulous shared fitted living kitchen. Students will also have exclusive access to a range of facilities including an entertainment room, fitness gym and study centre. this fully managed double bed student let apartment is situated within a secure complex, comes complete with en suite and kitchen facilities, with access to a gym and common room.
SOLD FOR INVESTMENT PURPOSES ONLY
The Cube has been carefully designed as secure self-contained student living that provides its residents with a level of luxury rarely found. Located at the heart of Bolton town centre, this studio apartment provides a wonderful, safe home from home that comprises bedroom with study area, fitted wardrobes and shelving, double bed and a private three piece en-suite shower room. This particular property is arranged in a block of six studios with a shared fitted living kitchen offering splendid cooking and dining facilities for these six apartments only. Students will also have exclusive access to a range of facilities including an entertainment room, fitness gym and study centre.
�Secure Fob Entry System to site
�Large Common Room
�Leisure/Games Room & Gymnasium
�Meeting Rooms/Multifunction Rooms
�Central Courtyard and Landscaped Gardens
�Reception and Lobby
�Security and Staff Offices
The site is centrally located within the town offering easy access to a wide variety of shops, pubs, restaurants and eateries as well as a short walk from Bolton University and the railway station, offering easy access into Manchester.
Student Property Market in Bolton
The student accommodation sector tends to outperform the majority of other to let investments in the UK and last year witnessed a staggering �2.7 billion invested, a 125% increase on investments in 2011. In spite of increased tuition fees, UCAS continues to report record numbers of applications, with over 600,000 applying for just 400,000 places for the 2014/15 academic year.
This extraordinary demand shows no sign of slowing down which means universities across the UK are now facing the problem of housing students. Many institutions fail to house their entire first year intake and accommodation for years 2 and 3 is even scarcer.
It is of no surprise that most purpose built student accommodations face occupancy rates of around 99% or higher and are consistently delivering impressive yields in excess of 9 and 10%. The highest yielding student properties appear to be in the north, where property prices are low but still command impressive rents. The Cube in Bolton offers a splendid solution to this.
(Please note that the photographs are a representation of the development only and may not be of the actual apartment to be purchased).
These are for general guidance only. You are responsible to confirm accuracy by inspection.