Coventry

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US

Our Rating:

student accommodation investment in Coventry, with 50% non status finance, excellent 10% guaranteed net yield, exit strategy, fully managed armchair investment

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Anchor House, Coventry

Principal International are delighted to announce the release of an exceptional new student property investment offered below market value.

For those looking at short or long term investments, this project is attractive offering guaranteed yields of 10% net with the option of a buy back within the first 3 years. A cash input of just £22,500 is required to secure a unit in this superb project with non status finance available at 50%.

The Coventry area is home to approximately 30,000 students and with Coventry and Warwick University is an excellent location for those looking to maximise the potential of student property investment.

Anchor House is ideally located less than 5 minutes walk from Coventry's main line station and approximately 0.3 miles from Coventry University and Warwick University is just 2.5 miles south west of the site of the project.

Investors can be reassured that their deposit is insured for the period of the build and the transaction will be dealt with by an experienced, expert legal firm in this field. The rooms will be sold on a 125 year lease.

Anchor House is a purpose built student property, with a contemporary design. All rooms are all en-suite, fully furnished and completed to a high standard. Rooms are grouped into clusters of 6-7 rooms with a communal kitchen and common room for each cluster. Students will also benefit from Wi Fi and the use of laundry facilities, bicycle storage and car parking spaces are available to rent.

Coventry's large student population is representative of approximately 10% of the city's total population, driving demand for purpose built, private student accommodation in the city. 27% of Warwick's student body is from overseas, who typically prefer purpose built, modern accommodation and Anchor House can satisfy some of this demand.

Coventry University is the second highest climbing university in the Times Good University Guide 2012, rising by 30 places since 2011. Warwick is a highly regarded university, ranked 8th in the UK in 2012 by the Times and the Guardian ranked the university as 6th.

Both Coventry and Warwick University are investing heavily in their facilities. Coventry University has plans to invest a £160 million during the next 10 years and Warwick is aiming to double postgraduate student numbers by 2014 with the development of new student and academic facilities.

Coventry is becoming a more vibrant city, with a £300 million regeneration plan for the city centre and it is also benefiting from investment as a result of the 2012 Olympics as it is hosting the football for the games. The city's regeneration includes a 120,000 square foot anchor store, attracting big name retailers, enhancing its appeal.

Coventry's regeneration will attract students from the UK and abroad, which will provide Anchor House with excellent potential for increased rental yields, occupancy and capital appreciation.

Availability is strictly limited, with just 179 units available, therefore investors are advised to act promptly to avoid disappointment.

Pool: N/A
Parking: For Rent

Price
Guides

En-suite Student Unit

£45,000