13 September 2012

100,000 Reasons to Invest in Student Property in Manchester

Manchester has Europe's largest student population, with over 100,000 students creating huge demand for accommodation.

 

Investment in student housing also continues to grow in the UK, despite the economic conditions, with £800 million invested in the first half of 2012, double the amount invested in 2011 according to CBRE.

 

Student numbers have remained stable, despite the rise in tuition fees, and applications from overseas students have increased. The student housing market is traditionally counter-cyclical, with student numbers growing in times of economic downturn and weakening labour markets.

 

Now is an excellent time to invest in student accommodation, but investors need to consider location, student numbers, investment in the university and the university's profile.

 

Riverside House in Manchester enjoys an ideal location, 1 mile from the city centre and 1.2 miles from the University of Salford. The University of Salford is at the centre of a £650m regeneration scheme and the University of Salford rose 25 places in the Guardian’s University Guide 2013.

 

Riverside House en-suite student rooms are competitively priced at just £48,600 with 10 per cent net yield guaranteed and a profitable exit strategy.

 

Availability is strictly limited and with units costing just £48,600 we advise investors to act promptly to avoid disappointment. For further details of this excellent new project, please click here.