Northgate Studios

The next generation

of student property

Starting From

£71.5K

Estimated Yields

8%

Apartments

150

Bedrooms

Studios

Demand for this type of student accommodation is at an all time high. The market’s resilience through the years has created a safe and stable platform for investors who are looking for increasing rental growth, strong yields and outstanding performance. In 2015, at least £4.5 billion of capital was invested in the student accommodation sector.

  • 40% guaranteed income over five years minimum
  • Full title deed of the property
  • Solid capital growth in the area
  • Located in the city centre
  • Prices from £71,500
  • Developed by Property Alliance Group – Manchester’s largest developer
  • All units come fully furnished – very high spec
  • All units are fully managed
  • Show Apartment on site
  • No stamp duty
Development Overview

Northgate Studios is a new purpose built investment opportunity in the under supplied overseas and postgraduate student property market. This luxury development offers investors a market-leading minimum of 8% per annum for a 5-year period. Strategically located close to the university and the city centre, this is the perfect solution for students looking for independent living in a high quality and safe environment.

Payment Process

1.  £5,000 on reservation
2.  50% on exchange (less reservation fee)
3.  25% 2-3 months after exchange
4.  Remainder on completion

Construction Updates
  • Phase 1 metsec and Phase 2 steel frames are complete
  • The roof is completed
  • All windows on Phase 1 are installed. Window installation for Phase 2 ongoing.
  • The brick work is completed on Phase 1.
  • 12 brick work courses completed on Phase 2
  • 1st fixings completed on Phases 1 and 2
  • Plastering on floors 1-3 completed
  • Mist coating commencing on 26th February
  • Lift shaft completed from ground floor to 2nd floor. Currently progressing 3rd to 4th floor
  • Tower crane comes down on 26th February.
  • Overall strong progress and meeting programme milestones.

Next update due WC 27th May 2018

 
 
Location Map

Northgate Studios