UK Student Accommodation, Parkham Road, Canterbury, Kent CT1

£59,995
Studio

This project offers you the opportunity to invest in the Beckett Hall Student Accommodation development in Canterbury Kent. This Phase 1 building will be finished to a modern high standard and will have all facilities of a high end student accommodation facility, communal kitchens and lounges on each floor, high speed internet and Wifi, management office, bike storage and laundry facilities. Becket Hall, named after the Archbishop of Canterbury in 1162, is phase 1 of the development offering 40 units over 4 levels, with 38 en-suite student pods and 2 studios with kitchenette. The pods are arranged in clusters of 4-6 units, each sharing a communal area complete with kitchen, dining area and lounge.

The development is located within a 15 minute walk from the main campus of Canterbury Christ Church University and the University for the Creative Arts. The University of Kent is a 30 minute walk away. All of the properties are offered fully furnished as fully managed turn key investment units. Once completed the properties will benefit from being in key location with a large student population of British and International students within close proximity. The properties are offered by the developer with a 8.3% assured net yield in 5 years that will be paid quarterly in arrears from completion. Investors in this project will enjoy stable ongoing rental incomes from ownership and potential for capital appreciation through rental increases into the future. Ensuite Rooms are priced at £59,995.

Canterbury Kent, UK Student Accommodation

Investment Highlights

  • Phase 1 - Completion Jan 2014
  • 250 Years Lease
  • 5 years Developer’s Guaranteed Rental Yield at 8.3%
  • Developer’s Buyback option at years 3-5 at 115% of Purchase price
  • Fully equipped apartments, sold with furnishings
  • Highly Sought After UK Buy to Let Investment
  • Fully Managed, Hands off Investment Opportunity
  • Income paid quarterly in arrears upon completion

For more information about this property, please contact us at +44 (0)207 712 1612 or email us at sales@cornerstonerealty.co.uk