Student accommodation investment with excellent yields and developer repurchase option.

The Base Phase II

Principal International are please to announce that following a successful launch of phases 1and 2 of The Base the project is now sold out.

This exciting student accommodation investment provided investors with the opportunity to invest in the highly profitable student accommodation sector of the UK property market, rewarding investors with excellent returns and a developer buy back option.

Student room investors in The Base will earn interest on their deposits paid from exchange of contracts, with the deposit protected by deposit insurance. Post completion, investors will receive an excellent return backed by a rental guarantee. The project is also sold with a defined exit strategy, with developer buy back option expected between years 3-5 post completion. The developer will also pay for the investor's legal fees.

The Base will be fully managed by a specialist national operator, with a proven track record within the student market, providing the investor with a truly hands off armchair investment opportunity.

Student rooms within The Base will be finished to a high standard, offering students modern en-suite accommodation, fully furnished with access to the internet and satellite television. The student pods will have access to communal living and recreation rooms, with fully fitted kitchens and laundry facilities, with the added benefit of cycle storage.

The Base is ideally situated within a 5-minute walk of De Montfort University and a 15-minute walk from the University of Leicester. The Base is within the Waterside Regeneration Area, close by to the river, therefore the local area will be vastly improved over the coming years and already enjoys a variety of local amenities, including a shopping centre and a range of bars and restaurants.

Leicester has excellent transport links, with a good bus service, which has a stop just 100 metres from the project and there is also a railway station within 1km.