Alexandra Halls - One bedroom studio apartments in Manchester, UK.

Student Apartments only £24,000 with 10% Annual NET Return on Investment. Less than 15% remaining! Alexandra Halls, our best value UK product with a 2 year 10% NET rental guarantee. Purpose built student halls located near to the major Universities in Manchester. At a rental of £85 per week over a minimum of 42 weeks equals £3,570 income per year, which is near 15% gross yield, 10% NET after costs.

- Student Apartments from only £24,000 
- 15% gross/10% annual NET return on investment
- FREE furniture pack & legal fees for a limited time only 
- RENT GUARANTEED AT 10% NET INCOME TO OUR INVESTORS

This particular building has been student accommodation in the past and now, after what will be an extensive refurbishment program, it promises to be a leading property for the student population in the area. Comparable accommodation within the same distance of the University is offered for between £85 and £100 a week.

At a rental of £85 per week over a minimum of 42 weeks equals £3,570 income per year, which is near 15% gross yield, 10% NET after costs.

The four largest student accommodation operators have reported that even with substantial development in the sector the vast majority of students do not have the option of a privately operated rooms or decent facilities in a purpose built building. So with a booming market, high rental yields and long standing management companies in place, these are the perfect conditions to invest in a hands off, hassle free opportunity.

The Opportunity
Student Halls are an asset class that rarely become available to individual investors with universities tending to purchase units before they are offered to market and landlords not needing to sell due to the high yields. According to independent research, rentals in this area remain robust with a recorded growth of 5% per annum over the last six years (compared to 0.6% for commercial property).

Substantially higher growth was achieved in university towns over the past academic year. Demand for university places rises during recessions and the proportion of students that are returning postgraduates has also risen.

Preliminary figures for the coming academic year already show a significant increase in applications with UCAS reporting a 12% rise at its October deadline. The majority of key university towns showed 100% occupancy rate for the last academic year with private halls mainly targeting affluent domestic, overseas and mature students. The University of Manchester is the UK’s most popular university receiving 53,900 applications in 2009.

With a booming market, high rental yields and long standing management companies in place, these are the perfect conditions to invest in a hands off, hassle free opportunity.

Location
Overlooking Alexandra Park, Alexandra Halls is ideally situated to access both the leafy suburb of Chorlton and the City Centre. There are excellent bus routes in the area providing easy access around all areas of the city. Chorlton is a popular area and is packed with bars and restaurants, there are also plenty of parks and amenity spaces around the Chorlton area along with a thriving nightlife and community atmosphere.

Manchester is a rapidly developing city with massive investment being made in the nearby area. Development in the business and financial sectors are likely to attract more students to the area also. Manchester is the UK’s ‘second city’, with a large and diverse student population spread between three Universities and multiple campuses. The city has some of the best retail and arts facilities in the country, including the BBC having recently moved some departments to their new home in Media City, Salford Quays.

Manchester is regarded as one of the most regenerated cities in Europe. This growth still continues despite the recent recession, with the city attracting more and more investors as demand for new developments, both in the public and private sectors. Student accommodation in Manchester is a sound and high yielding investment for our clients.

More About the Units
The accommodation comprises of a straight forward room with many facilities on each floor. When finished, the accommodation will be rent ready and fully furnished.

The units all have pleasing outlooks with expansive external green areas.

 
- 5 minutes from Manchester Metropolitan University and University of Manchester
- 8 minutes to Manchester City Centre
- 19 minutes from The Trafford Centre shopping complex
- 5 minutes from Fallowfield (popular student area)
- 3 minutes from Rusholme (plenty of restaurants and bars)
- 10 minutes from Old Trafford Football Ground