Studio Flat For Sale £69,500
Norton Street, Liverpool, L3
previous price £62,500

Full description

NATEX STUDENT ACCOMMODATION FROM £62,500

Natex is a 566-unit student scheme with 2 blocks of 10 and 16 storeys comprising of 472 en suite rooms and 94 studio apartments. The development is located in the heart of Liverpool and is just a 5-minute walk from the University of Liverpool (a Russell Group University) Liverpool Hope Universityand Liverpool John Moore's University.

FACILITIES INCLUDE:

* Games Room

* Gym

* Reception

* Laundry room

* Meeting room

* Café eating / Area

* Communal lounge

* Outside seating area

* TV lounge

* High speed internet

* 24-hour CCTV and bike storage

UNIT TYPES

Studio Gold - 22sqm

Deluxe Studio - 27sqm

Bronze En-suite - 13.5sqm

DEMAND FOR STUDENT ACCOMMODATION IN LIVERPOOL

* Liverpool is a city synonymous with music, culture and academic excellence. It proudly boasts 3 high-ranking institutions, 2 of which have been named in the top 5 'best city locations' by 'WhatUni'. It means that Liverpool is often many students' first choice.

* 70,000 students call the city their home.

* 9,000 international students at Liverpool's universities - 22.4% of the University of Liverpool's student population are from overseas (100 different nationalities) This figure is expected to quadruple in 4 years

* 36,000 students currently require accommodation

* Only 25,400 purpose-built accommodations (built or in planning)

* The city also has one of the largest Chinese communities in Europe.

* With the expected 10% rise in international student numbers by 2022, accommodation is in short supply!


WHY INVEST IN STUDENT PROPERTY?

* UK's best performing asset class.

* £3.1 billion invested in the sector in 2016.

* Increased demand from overseas investors.

* 2.3 million students are in higher education in the UK.

* 424,000 places were offered on results day in 2016, up by 3% on the previous year (UCAS).

* Overseas investors contributed £1.49 billion in UK transactions in 2016.

* Overseas buyers likely to dominate the market in 2017.

* Student property became a global powerhouse in 2015/2016.

* The UK's market has room to grow with only 24% of students housed in purpose-built accommodation.

* Globally mobile students are underpinning the demand for purpose-built student housing.

HIGHLIGHTS

* En-suite prices from £62,500

* Studio prices from £75,000

* Prices based on 10% early investor discount

* 9% assured NET return for 5 years

* *4% interest paid on deposit payment

* 5-minute walk from University of Liverpool, Liverpool Hope and John Moore's University

* 250-year leasehold tenure

* 10 -year build warranty

* Experiences and trusted developer and management company

* Fully managed hands-off investment opportunity


PAYMENT PLANS

PLAN A:

* £5,000 reservation fee

* 50% on exchange (minus £5000 reservation fee)

* 25% on 18th Jan 2019

* 25% on completion

* *4% interest paid on deposited funds

PLAN B:

* £5,000 reservation fee

* 25% on exchange (After 28 days)

* 25% on 1st July 2018

* 25% on 21st Jan 2019 minus £5000 reservation

* 25% on completion

* *No% interest paid on deposited funds with plan B