Price From £97,950
Fixed Yield 8% NET for 3 years
Award Winning Developer
162 Large Studio apartments
Only 150 metres to the University
Fully Managed Investment
- ZERO stamp duty
Liverpool is host to the second largest regional economy in the UK and due to over £6Billion in regeneration projects is set to grow even larger. Additionally, the Liverpool City Council has announced plans for a ‘Knowledge Quarter’ which will create a new urban community in the region. Already home to the new £429m Royal Hospital as well as the established HE institutes, the area is poised to become one of Europe’s leading Innovation Centres, attracting even further investment and opportunities
The city boasts one of the favourite locations in the UK for students and young professionals and there is a major shortage of purpose built accommodation. With record numbers of students pouring into the city, in particular the phenomenal growth in the number of overseas students, the universities in Liverpool and colleges in the city are set to provide investors in student accommodation with incomes that will continue to outperform traditional investments for several years to come.
Devon Houseboasts superior purpose built student accommodation (PBSA) with numerous communal facilities including study spaces, a breakout room and cinema system, pool tables, a cooking/dining area, on-site gym and SMART technology, The development has for sale 162 large studio apartments and is located next to the main University of Liverpool campus and the Royal Hospital.
Investors in UK Student Propertytypically receive bigger income gains than with other forms of Buy to Let property investing, much more income than from high street bank or building society accounts or even the best performing income bonds, with an national average NET return of around 7% per year. The number of students in higher education in the UK is booming and last year, for Britains 1.7 Million students, only 39000 purpose built bed spaces were developed, meaning that local supply for quality, desirable and secure student accommodation is by far outstripped by the growing demand for it.
Why Invest in Liverpool Devon House ? Purchasers of studios receive an assured 3 year NET rental of 8% of the purchase price as well as potentially very healthy long term capital growth (the properties in Devon House will initially be let to students on 50 week tenancies with an average rental of £150 per week). All studios in Devon House are tastefully furnished and are fully managed, meaning a hassle-free rental process (investors need do nothing but receive a guaranteed regular income from their investment). Due to the superior track record of this developer, the location of the development and the demand for student property in Liverpool, we expect this development to sell out fast.
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