Experience Invest is thrilled to introduce Poulson House, our very first completed and fully operational purpose-built student accommodation development in Stoke-on-Trent.
The property has an ideal location on Poulson Street in the centre of the city, just a 12-minute walk away from the main campus of Staffordshire University with its 15,000 students.
One of the most attractive features of this investment is the fact that it has been operational for three years, which is a big plus for investors who are looking to minimise off-plan risk.
Poulson House is comprised of 122 studio apartments providing comfortable living and study space, with some units also offering en-suite bathrooms.
The property has some key features that boost its appeal to the student market, including:
- A gym
- Manned reception
- A common room with TVs, sofas, pool table and study area
- On-site laundry room
- Bike storage
- CCTV security
Fully managed by Staffordshire University-approved operator GreenPad, Poulson House comes approved by the university itself.
This could be one of the main reasons why it has an average occupancy rate of 89% – potentially a key factor for investors looking for minimum void risk.
Studio apartments at the site are currently available from £59,950, and investors can also benefit from:
- 7% NET live yield assured for one year
- 0% stamp duty
- Fully furnished studios
If you’ve been following trends in UK student accommodation in recent years and waiting for the right time to enter the sector, Poulson House could be the opportunity you’ve been looking for.
Contact Experience Invest today if you would like to find out more.