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Braefoot Student Pads Edinburgh
This student property is offering a two year rental assurance of 7.5% per year and is a new purpose built student accommodation situated within Edinburgh.
Competition is so fierce for student accommodation in Edinburgh that housing has never been more in demand. As the universities continue to offer more courses and places, increasing numbers of students are drawn to the city, desperately seeking a place to call home during their studies.
Its current population, which has grown 9% in the last 10 years, makes u
p about 9% of the entire Scottish population. This in turn is having an immense impact on the supply and demand of housing in the city.
This student property will be made up of two phases totalling 172 executive student studio apartments, set just 100 metres from Kings Campus Edinburgh University. Not only is it incredibly located to satisfy the massive demand for student accommodation in the city, but it’s also in one of the most affluent suburbs of Edinburgh.
Phase 1 of this student property will comprise of 83 fully self-contained studios delivered to the highest standards. The contemporary building design will have glass curtain walling to upper floors and rear elevations. All remaining apartments have brilliant floor-to-ceiling windows providing plenty of natural bright light to the modern living environments.
Edinburgh is number one for student investment in the UK, with yields higher on average than anywhere else in the UK! Outperforming other typical student cities such as Oxford, London and Cambridge
This student property will also come with separate bike storage, great games room complete with lounge and cinema, Apple computer rooms at each level for study sessions, landscaped gardens for enjoyment in the summer, and reception for everyday help and security.
The impressive stone and glass exterior offers a welcoming addition to the
landscape, upon entering the student property you will be greeted with a
modern gloss floored reception area. The well-designed study areas and comfortable living studios feature superior quality with attention to detail.
Tenants will be able to enjoy the on-site break space, separate laundry
facilities, and the abundance of outdoor space, creating a relaxed and pleasant environment to live. These entirely freehold studios start at just £107,800, giving investors an assured 2-year net rental of 7.5%. In addition, all apartments come fully furnished and fully managed, creating an entirely hassle-free rental process for investors.
The idyllic location of this student property also appeals to students with
Edinburghs Kings Campus Building being located just a 5-minute walk from the site.
Edinburgh is one of the fastest growing and most productive cities in the UK. Its highly skilled workforce, competitive costs and unrivalled quality of life make the city increasingly popular with international investors.
It is the UK's most educated city, with 4 Universities and over 50% of the
workforce holding a university degree. Many global financial services businesses base their Headquarters in Edinburgh and the citys technology industry is rapidly growing. In 2015 it was named the best place in the UK to live in by comparison website, uSwitch.
Rents in Edinburgh are climbing due to the huge demand from students and professionals wanting to live in the city. The average rent has risen 25.3% in the last 5 years, and continues to climb as demand far outstrips supply.
According to a recent report featured in the Edinburgh Evening News in 2015, students are facing a cut-throat raceto get accommodation, and on average, as many as 30 students compete for every single accommodation unit available!
Why Invest Braefoot House Student Pads?
• 7.5% yield guaranteed for 2 years
• Fully managed by reputable management team
• Fully Furnished
• Location: Edinburgh
• Region: Lothian
• Freehold no annual ground rent charged
• Invest from just £107, 800
• 83 studios sizing from 18 to 22 sq.mtrs
• Completion Q4 2017
• Idyllic location
• 50% due on exchange deposit
• 25% instalment 3 months after exchange
• 25% Payable On Completion (KEY)
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