UK Student accommodation Investment
Chapel Street 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 61 fully managed, luxury en-suite rooms and 26 self-contained studio suites which will be delivered fully furnished and finished to a high standard.
The en-suite rooms will be arranged in clusters of 6 and will have access to a communal living area and kitchen. The self-contained studio suites will contain en-suite bathrooms and a fully functional kitchenette. With a favourable payment plan spread across the duration of the construction phase, en-suite rooms are available for £56,700 and studio suites are available for £67,300.
The investment is income generating from day 1 with interest paid on clients’ deposited funds and upon completion will deliver NET returns assured for 5 years.
Upon completion, Chapel Street will be fully managed by specialist letting agent, Opto Living. Team Opto are based in Luton and have an established presence within the student market.
Opto Living is fully equipped to market, maintain and manage the development on the behalf of individual investors.
Home to over 24,000 students from over 100 countries, the University of Bedfordshire’s main campus is located in Luton town centre. In 2004, the University was awarded by The Sunday Times with the title of “Best New University.” Its courses in Nursing and Midwifery are ranked number four in the country.
The National Student Survey placed the University 28th in the country for student satisfaction, as well as ranking Journalism fifth in the country, Law seventh, Business 15th and Marketing 16th.
The University opened a brand new £34m Campus Centre in 2010 and offers state-of-the-art facilities including £6m Campus Centre housing dance studios and a 280-seat theatre, £8m PE and Sport Science Centre and £1.2m Business Pods, unique in the UK, with work and chill-out areas, and meeting rooms.