The Villas, Stoke on Trent, Student Apartments
The Villas, Stoke on Trent student investment
We are pleased to be able to offer this high end renovation of an old police station on behalf of the Abode Student Group. The development is situated in the heart of Stoke on Trent less than 10 minutes walk of Staffordshire University, and will provide investors the opportunity to purchase a fabulous income generating asset in the PBSA sector, one of the fastest and most popular asset sectors in the property investment market.
181 studio & 2 bed apartments, across two contemporary styled blocks, will be completed to the highest standard and all including furnishings. Residents at The Villas will enjoy a luxury leisure suite which will include a full state of the art gym and cinema room and also enjoy CCTV security, Study Rooms, Laundry Facilities, Cycle Store, 40-inch SMART TV’s.
Given the ongoing demand for accommodation in the area, The Villa’s will support both Keele & Staffordshire University and provide housing to
some of the 25,720 students living in Stoke-on-Trent. Two major universities are situated within easy commuting of Stoke, Keele and Staffordshire. Both of which have a profound impact on the local economy. There are approximately 3,979 rooms across both universities, with further in Stafford over 25 miles away. Leaving a huge shortfall of rooms across the
Stoke area. The Villa’s are located in Boothen, a popular suburban area of Stoke-on-Trent. The site is within a short walking distance from local shops, cafe’s, and supermarkets. Stoke as a whole stands as the largest urban area in the UK, it boasts a population of approx 261,000. Moreover the population is ever growing, between 2005 & 2015 it rose by 10,000 with the figure still rising.
• A High End Student Development – studios from £75,950
• 8% net yield per annum guaranteed for 3 years excluding ground rent
• 4% interest on deposited funds
• Fully furnished Inclusive in the price
• Fantastic location for 2 Universities
• Fully managed by an award-winning management and lettings company
• 125-year leasehold
• Experienced developer has a proven track record with over 35 years’ experience
• Experienced student management company with a portfolio of over 10,000 bed spaces across the UK
• Fantastic Location for 2 Universities
• Luxury Leisure Suite
4% interest paid on deposited funds, usual payment terms;
£5,000 res fee
50% less res fee on exchange
25% stage payment February 2021
Balance on completion, September 2021
If you wish to reserve online please request the reservation form.
Please ask us any questions that you may have!