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£59,950Fixed price

Studio for sale

Plot 4.107 at Opulent Investments, Poulson House, Poulson Street ST4

New build
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Studio
0 bedroom
1 bathroom

Property features

  • Tenure: Leasehold

Property description



*ATTENTION CASH INVESTORS ONLY - STUDENT ACCOMMODATION INVESTMENT*

Poulson House in Stoke is our latest completed and fully operational student accommodation development, situated a mere 9-minute walk from the University of Staffordshire. The project is also just 25-minutes’ drive away from The University of Keele. Completed in 2016, Poulson House consists of 122 studio apartments, approx. 15-25m2.

In addition to its convenient proximity to the University of Staffordshire, the Poulson House new-build development also benefits from being fully operational with no development risk and a three year track record. This represents an attractive and immediate income for investors.

Poulson House is managed by Greenpad, the University’s own management company. This is their sole management property and ensures a high level of focus and maximum occupancy each year. Investors can benefit from a fully managed investment opportunity with a 2 years rental assurance provided for the first 40 investors.

The University of Staffordshire consists of approx. 13,000 students and is due to open in September of this year. The building is already open to accept students for the forthcoming academic year and is already 50% occupied having been 100% occupied during COVID.

Prices are extremely reasonable at just £59,950 per unit.

Investment Highlights

  • Completed, operational student accommodation
  • Only £59,950
  • True live yield of 7%
  • The only University approved PBSA studios
  • Managed by Stafford University’s student union
  • 1 year rental assurance (7% NET) starting September 2020 (Covid protection)
  • University has confirmed its open next year
  • £4000 rental assurance per unit is placed into a deposit protection scheme client account / or lodged in an escrow, held by a 3rd party solicitor
  • 2 years assurance at 7% net for the first 40 buyers
  • 100% occupied for 20/21 academic year

Rooms

4.107

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    At Opulent, we believe there is better way to invest in to property. A more secure, transparent and rewarding way, where customers are earned rather than bought. We are obsessively passionate about it and dedicated to helping our investors achieve this. The owners of Opulent created the company with this thought very much instilled within their DNA. Too many times they had come across poorly researched property investments, developers who were more interested in lining their pockets rather than creating wealth for investors, and incidents where investors have been misled or defrauded. So in 2014 we decided to embark on putting this right! Opulent was born! Here at Opulent we work with developers right from the stage of conception and help shape property investment opportunities to meet the increasing demands of modern day investors. Our goal is to create wealth and long term financial security for our investors and do so in a transparent and ethical manner by providing investors with well researched property investment opportunities built by developers who deliver and have unblemished track records. With Opulent the buck stops here. We understand the investor of today is busy, which is why create opportunities that are fully managed, turnkey and require very minimal input from the investor. Our aftersales team will help guide investors through their property investment purchases and take on the majority of the administration burden that comes with it. Whether it be the tedious paperwork with solicitors, furnishing the property or even renting it out, we help you do it all. If you are somebody looking to fund your retirement, trying to create a nest egg to put your children through University or even an experienced property investor looking to expand or contract their portfolio, get in touch with us to see how we can make property investment more enjoyable and more rewarding.

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