UK Student accommodation Investment
Austin Hall is a brand new, purpose-built student accommodation development which provides individual investors with an excellent opportunity to enter the lucrative student property market at an accessible level.
The development comprises 114 fully managed modern ensuite rooms and 28 self-contained studio suites. All student bedrooms are arranged in clusters of 4 and 6 bedrooms, each sharing a communal area complete with kitchen, dining area and lounge.
Studio rooms are more private and contain their own kitchenette. Self-contained studio apartments are available for £74,995 and are available with a structured payment plan which is spread across the duration of the construction phase. Upon completion this property investment will deliver an assured NET income for 5 years.
Urban Student Life (USL) offers a commitment to their owners and students via their “charter”. Their relationship with you as owner is long term and transparent. They are committed to the students, offering high levels of services and security which exceed others on the market.
Leeds recently topped a list of university towns and cities that could benefit from more purpose built student accommodation. Currently, large amounts of students are living in HMO’s (houses of multiple occupations), putting a huge strain on those tenants and families looking for accommodation in the area.
A recent report from Savills says that 3,889 homes in Leeds could return to family use if students moved into purpose built student accommodation. This would mean that demand for student accommodation would further increase as the city looks to move students into specialist, modern accommodation.
With 54,857 full time students in Higher Education, the city is struggling to offer the high quality accommodation that is currently being demanded by a new generation of consumer student. Universities in Leeds currently only supply 13,147 student rooms, creating a 76% gap in the number of students without a university operated accommodation.