Prime Location in West London.
8%+ Net Yields Projected.
Luxury Self Contained Studios.
Within Walking Distance of Imperial College.
Excellent Transport Links to Central London.
Deposit Insured.
Luxury London student accommodation investment, with 8%+ net yields and an excellent location just minutes from central London
Principal International are delighted to announce the release of this new landmark luxury student accommodation investment in London.
These excellent studio apartments will meet the demands of students from the UK and overseas looking to study in London and its universities.
Park Place's projected returns are in excess of 8% net from the first year, a truly exceptional return for a London property. Investors will accrue a generous allowance from exchange to completion that will be converted to a discount off the purchase price, which could amount to £7,000.
Park Place will be a fully managed passive investment. Property is operated by a specialist and experienced national operator, who achieve 99% occupancy across their UK portfolio of student properties.
London Imperial College's Hammersmith campus is just over a mile from Park Place and the college has a total of 14,301 students.
Park Place is also conveniently located for quick and easy access to many London universities, within an 8 minute walk of Willesden Junction mainline and London underground station and 11 minutes from North Acton London underground station. The average journey time from Willesden Junction to Marylebone is approximately 17 minutes and the average journey time from North Acton to Marble Arch is approximately 14 minutes. London Heathrow Airport is less than 20 minutes away.
The self-contained studio apartments are styled on a luxury aircraft interior and designed to provide students with all of the facilities they need, including an en-suite shower room, kitchenette, desk, wardrobe and bed. The apartments will have excellent multi-media facilities including access to satellite television and 100Mb broadband, perfect for the modern student. Click here to view the panoramic video of Park Place London.
Park Place will have a 24 hour concierge service and on-site security. The retail unit on the ground floor is likely to be occupied by an express supermarket operated under a high street brand; an added convenience for residents.
The developer is also considering the addition of a 70-85 bedroom hotel to the development. If approved, the hotel will feature an on-site restaurant, bar and gym, which students will have access to.
The outside space will be redeveloped, providing an attractive terrace leading onto the waterway, with seating areas for residents to enjoy. This will be part of the regeneration scheme of the Grand Union canal.
Availability is strictly limited, therefore we advise interested parties to act immediately to avoid disappointment.