With 25 years of experience, Residential Estates manage a reputable portfolio of high-yielding buy to let property investments, sales, and lettings.

OVERVIEW

There are currently 1786 (& increasing) students studying at Durham University's Queen’s Campus, who all require accommodation.

 

At present, there are 512 university owned bed spaces available, with a further 382 spaces at the private sector purpose built accommodation at Rialto Court. There is therefore a need for approximately 892 students to secure accommodation within properties owned by private landlords, or other alternative residences.

Only 50 meters away from the Univeristy's popular Medical and Business campus, The Rocket is set to meet the demand for purpose built student accommodation, whilst providing investors with a fantastic income generating opportunity.

 

With a guaranteed net rental yield of 10% for 3 years, and 5% interest paid on all deposited funds, this truly is an opportunity not to be missed. 

Furthermore, Durham University have already shown an interest in taking on the development, and letting it the students themselves over the coming years. This would only increase the security, and value of this already profitable investment opportunity. 

With a low unit price of £64,995, and flexible payment plans in place, the demand for this development has already been high, and is expected to sell very quickly. 

KEY FEATURES

• Luxury studio apartments

• 10% Net rental yield guaranteed for 3 years

• 50 meters away from Queens Campus, Durham University

• Fully furnished

• Award winning developer and management company in place

• 5% interest paid on all deposited funds

• Fantastic student location

• June 2016 build completion

• Available for just £64,995

• 125 year lease