Property description
This student investment opportunity is located in the heart of Burnley and is very close to both they Towns' universities & amenities. Offering self contained purpose built studio units & with a 10% net rental returns assured for 5 years this is an ideal investment for anyone looking for a rewarding, hassle free opportunity.
INVESTMENT HIGHLIGHTS:
Self-contained Purpose Built Studios priced at £44,950
10% NET Rental Returns with a 5 year rental assurance
Interest accrued on deposit
Defined exit strategy
Within 250m of the University College of Football Business (UCFB)
Fully managed by an experienced student accommodation provider
999-year lease
Income paid monthly in arrears
£2,000 to reserve
EXIT STRATEGY:
Developer Option
This exit is based on the resale of the entire building to an institutional or corporate investor
Institutional investors typically buy an asset with a proven track record. Investors will have a put option written into the purchase contract stipulating the unit has to be sold if a minimum uplift of 30% on the purchase price is achieved. This developer option can be executed between the 5th & 7th anniversary from completion
Investor Option
This investor option can be executed between the 5th & 7th anniversary from completion.
Property Features :
- Self Contained Purpose Built Student Accomodation Studios
- Priced at just £44,950
- 10% Net Investment Return Assured For 5 Years
- Defined Exit Strategy
- Fully Managed Hassle Free Investment