Asquith House and Austin Hall Leeds Student Accommodation

Investment Summary

Leeds recently topped a list of university towns and cities that could benefit from more purpose built student accommodation. Currently, large amounts of students are living in HMO’s (houses of multiple occupations), putting a huge strain on those tenants and families looking for accommodation in the area.

 

A recent report from Savills says that 3,889 homes in Leeds could return to family use if students moved into purpose built student accommodation. This would mean that demand for student accommodation would further increase as the city looks to move students into specialist, modern accommodation.

 

The largest financial district outside of London

 

Demand for student accommodation is rising in Leeds. Located in the largest financial district outside of London, this has made the city a popular university destination, with student numbers rising annually.

 

Why Invest In Leeds?

 

With 54,857 full time students in Higher Education, the city is struggling to offer the high quality accommodation that is currently being demanded by a new generation of consumer student.

 

The Universities in Leeds can only provide accommodation to just 24% of students. There are only 13,147 student rooms that the universities supply, meaning that there is a massive 76% of students that are left looking elsewhere for suitable accommodation. These students usually have to live at home or find alternative accommodation in the private sector.

Investors are perfectly placed to take advantage of this shortage.

 

Introduction

 

Standing side by side, Asquith House and Austin Hall are purpose built, off plan developments comprising of a total of 298 en-suite bedrooms and studios over 6 levels.

 

Details

 

Asquith House has 128 en-suite bedrooms and 28 studios and Austin Hall has 114 en-suite bedrooms and 28 studios. All student bedrooms are arranged in apartments of 4 and 6 bedrooms, each sharing a communal area complete with kitchen, dining area and lounge. Studio rooms are more private and contains their own kitchenette.Situated on Servia Road, the site is a convenient 5 minute walk to The University of Leeds and Leeds Metropolitan University campuses and just a 10 minute walk into the city centre.

 

Being so close to both main university campuses, students will benefit from living and studying within a thriving student hub with an abundant of cafes, bars, restaurants and shops.

 

Asquith Hall and Austin House are certainly the ideal base for students to live and enjoy the best of student living.

 

Management Team

 

With Over 25 Years Experience in new Property Development - Leeds Student Development will be built by PHD1 Ltd. They were formed in December 2010 to develop new homes for local Government Departments and secured contracts in the first year for over £3m. The directors of the company have over 25 years’ hands on experience in new property development, developing over 1,000properties at a build value of £125m. The company is registered as an accredited builder with the NHBC and a member of the “Considerate Construction Scheme”.

 

Project Highlights

 

  • A selection of En suite apartments and studio flats available from £52,995+

  • Assure minimum return of 8% for 5 years (anything over paid to clients)

  • Sought after UK student buy-to-let property investment

  • Outstanding location next to 2 universities where a total of over 60,000 students

  • Fully equipped communal kitchens, lounges and study areas

  • Offered to property investors fully furnished ready for occupancy

  • 999 year leasehold ownership

  • Secure purchase via UK solicitors

 

NEXT STEP?

 

For detailed information on this investment please contact us by filling out the form below or calling us +44 (0)203 432 5474 We can send you:

 

  • Comprehensive Investor Report.

  • Availability, Price List, Floor Plans.

  • Details on the Guaranteed Rental.

  • If you wish to reserve online please request the reservation form.

  • Please ask us any questions that you may have.

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