8% Net Return
Chester Luxury Student Accommodation
Chester Luxury Student Accommodation
Opulent are happy to present to our investors this exceptional opportunity to invest in to a luxury student accommodation pod in a city where there is a huge undersupply of student accommodation. In fact such is the shotage in supply of student accommodation in Chester currently, that each year Chester University is having to turn away some 1600 students simply because there is nowhere for them to stay. Even with the influx of new student accommodation develpments being built, fundamentally there still exists a shortage in number of beds for students to stay and Chester University are still one of 20% of all UK universites that can not guarantee its first year students accommodation.
Chester has proven to be an immensely popular area for investors of late. The local government have embarked upon a rigerous transformational plan which involved investing close to £500m in to improving local infrastructure over the coming few years. As we all know, regeneration is crucial to the success of any property investment and with several large scale regeneration plans set between now and 2017, investors stand to benefit from this by investing now.
The university itself, similar to the town, are investing for their future. One of the oldest universities in the country with approximately 18,000 students from over 140 countries worldwide, the university has benefitted from an exceptional growth in number of students between 2003 and now, almost doubling its intake of students during this time. With over £70m invested in the past few years as well as a planned investment of over £100m for the coming few years these numbers are only expected to increase and create even further demand on an already heated student accommodation market in Chester. The University of Chester is consistently improving its presence and position within various national higher education rankings. According to the latest statistics, they are ranked 46th out of 119 Higher Education Institutions in the UK (Guardian University Guide 2014). The Guide also places Chester as the third overall in the North West region, and first amongst what are known in higher education as the ‘new’ universities.
Located in the heart of the UK, the town of Chester is not far from Liverpool and Manchester, and attracts over 8 million visitors a year. The city, which is one of the best preserved walled cities in Europe, dates back to Roman times. But Chester is not all about past. It is also a 21st century vibrant city with a host of clubs, pubs, bars and restaurants. There is also a thriving arts scene including theatre and live music. Chester is known as a city of festivals and every year students can enjoy the Summer Music Festival, Chester Rocks Festival, the Literature Festival, the International Film Festival, Chestival (34 days and nights of various events) and the Food and Drink Festival to name a few.
This iconic development will consist of 121 luxury student accommodation studio apartments spread over 5 floors. Situauted just a 10 minute walk away from the university, the development boasts excellent access to and from the main train station in Chester (less than 10 mins walk away) and to Chester Town Centre which is a mere 200m from the site itself. Managed by one of the leading student property management companies SFM, this project is well underway and is scheduled for completion in August 2016 ahead of being fully operational in time for the 2016 intake of students in September. This luxury development will be in a league of it's own when it comes to Student Accommodation in Chester and will be the first luxury project the town has seen tailored mainly towards the towns grwing number of post graduate students.
- Bespoke kitchens fitted with modern appliances
- Spacious Living Area with 40" HD TV
- Double bed with storage
- Superfast Wifi Connection
- Individual study area
- Prices starting from £72,888
- 6% Interest during construction
- 8% Net return for 5 years post completion
- 250 year leasehold
- Prime location just 200m away from Chester City Centre and less than 10 mins walk from the main university campus
- Completion September 2016
- SFM Management for all rentals
- World renowned development team
- Managed by a leading brand
- Excellently located
- Completion set for Sep 2016
- 8% Net return assured for 5 yars
- 6% Interest during contruction
- Prices from £72,888
- Shortage of 1600 beds in Chester
- 121 units over 5 floors
- City Centre Location
- Leisure Centre 100m away
- Manned Reception Area
- Premium fixtures and fitings
- Cycle storage
- Group study areas
- Vehicle drop off point
- Laundry facilities
- sizes from 23-40m2