Deakin’s Yard heralds an enticing opportunity within the UK's Purpose Build Student Accommodation (PBSA) sector, presenting investors a chance to acquire a lucrative asset in a thriving market.
Boasting 273 thoughtfully designed units, this development offers 122 en-suite studios, 127 studios with en-suites and kitchens, and 10 one-bedroom apartments.
Set in the heart of Newcastle-under-Lyme, this accommodation assures quality living, fostering a strong sense of community while delivering fully furnished units, ensuring a hassle-free and rewarding investment experience.
Newcastle-under-Lyme, nestled in Staffordshire, has burgeoned into a bustling educational center fueled by prestigious institutions such as Keele University and Staffordshire University. With over 27,500 students within a two-mile radius, the town's student-centric environment fuels the demand for quality accommodation, guaranteeing a consistent rental income stream for investors. The ongoing regeneration projects, coupled with the town's affordability and historical significance, amplify its investment appeal and potential for growth.
Deakin’s Yard stands tall amidst this transformation, offering an unprecedented living experience for students. Embodying a contemporary living concept, it addresses the rising demand for student accommodation by combining competitive rates with top-notch living spaces.
With an impressive array of amenities including a cinema room, residents’ gym, study room, and concierge services, this development elevates student living to the next level. Moreover, Deakin’s Yard's partnership with Homes for Students ensures seamless property management, allowing investors a hands-off, hassle-free investment journey.
Development Details:
- Cinema room
- Residents' gym
- Study room
- Concierge services
- Bike Storage
- Garden Room
Investment Details:
- £5k deposit, 20% on exchange, balance on completion Q3 2024
- Fully managed
- 8.25% NET rental yield – guaranteed for the first year
- 75% completed
