THE NEXT GENERATION OF
STUDENT PROPERTY
EXCLUSIVE
150 luxury
40% net
5% interest
student investment opportunity from
student studio apartments in Chester, UK
return over 5 years starting August 2018
on monies deposited prior to completion
ÂŁ71,500
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THE NEXT GENERATION OF
STUDENT PROPERTY The Student Investment Market
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Investing in Chester
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University of Chester
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Northgate Studios
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Design
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Location
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Typical Floors & Unit Layout
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The Investment
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Northgate Point
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The Developer
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Contact Us
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The Student Investment Market 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 5year 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.
From £71,500
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.
Furthermore, in recent years, there has been a clear shift in student living trends. The increase intuition fees which came into place for students in 2012 has created a new breed of “consumer students” who, in perceiving the burden of increased financial debt, have started to expect a high standard of accommodation that provides more value for money. They tend to be more independent and focused on study, with a preference for their own personal space and to live and study in an environment that will support their chances of successfully obtaining their degree.
NORTHGATE STUDIOS contemporary, individually designed, ideally located, fully-managed studio apartments
Northgate studios is the ideal solution for investors. It incorporates these modern student requirements into high-quality student accommodation.
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INVESTING IN CHESTER
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Investing in Chester Chester is world famous as one of England's oldest and finest historic cities. It boasts the best-preserved walled city in the UK that showcases its magnificent Medieval, Roman, Anglo-Saxon and Victorian heritage. This beautiful city is strategically located as a hub for major arterial roads and rail networks which means that Liverpool can be reached in only 25 minutes, Manchester in 40 minutes and London in only 2 hours.
These attributes have seen it develop a ÂŁ1.1bn economy with over 13,500 businesses, which in turn provide employment for over 95% of university students upon graduation. These businesses operate in the following market sectors:
60 Automative businesses 50 Biotech/Pharma Companies 2.200 Creative Industries 2,200 Digital Industries
900 Financial Services firms
Chester is known for its large financial centre with major employers including Bank of America, NFU Mutual, HBoS Plc, M&S Money and Moneysupermaket.com. Chester also boasts the oldest retail shopping street in England. The cobbled streets of Watergate Street in the heart of the city with its specialist shops and tea rooms are complemented by the large Grosvenor Shopping centre and famous high street stores.
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12 fascinating facts about Chester: 1. The town’s racecourse is Britain’s oldest sporting venue in continual use. 2. Chester’s Rows, covered walkways at the first floor in each of the city’s four main streets, are unique not only in Britain but everywhere is the world. They have allowed double level shopping in the town at least since the 13th Century. 3. Chester is the best-preserved walled city in England as its medieval walls form the most complete circuit around any town or city in England. 4. Chester was founded as Roman fort in the year 79 and was known as Deva. It was one of the three major Roman army bases in the UK. 5. The Roman amphitheatre, which had seats for 7,000 spectators, is the largest in the country. 6. Chester Cathedral is the city’s most popular tourist attraction. 7. In 1403 Henry, Prince of Wales, the future Henry V, ordered that the Welsh should be expelled from the Chester - none should enter the city before sunrise or stay after sunset on pain of decapitation. There is no record of the order ever being repealed! 8. Voted Europe’s 5th prettiest city in a poll of Americans, beating Venice, Rome and Prague. 9. It is the family home of the Duke of Westminster - the largest land owner in Britain. 10. wChester Music Festival is host to leading international soloists and chamber musicians. 11. Chester Zoo is the most popular visitor attraction in England outside of London for the last three years and undergoing a £30m exotic island development which will make it one of Europe’s largest zoos. 12. The city’s Eastgate & Eastgate Clock is the second most photographed clock in the world. (Points 1-8, source: Daily Telegraph)
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UNIVERSITY OF CHESTER
Consistently Great Student Feedback “I lived in Chester for 9 months as an international student. It was great; the city is not too big and you get to know it pretty well after a while. I loved the walks around the city walls and next to the meadows. The rows are beautiful and there are good places to go out, eat, and drink…It's also so easy to visit Liverpool and Manchester from here.” Baluka Koivisto, Finland - University of Chester, Forensic Biology BSc (Hons) 2014
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University of Chester Founded in 1839, The University of Chester is one of the oldest English higher education establishments of any kind, excluding only Oxford, Cambridge, London and Durham Universities. The University of Chester is home to over 18,000+ students from around the world and has invested over £117m into campus facilities to provide world-class amenities, including a Learning Resource Centre, modern lecture theatres, open-access computer facilities, state-of-the-art science/skills/language laboratories, the £2 million Chester Students’ Union centre and CSU bar/club, and bookshop. Oncampus sports facilities include a fully equipped sports hall, gym, swimming pool, squash and tennis courts, sprint track, floodlit 3G multi-use pitch and floodlit AstroTurf pitch. These facilities support the universities' world class research focus: In the 2014 Research Excellence Framework (REF) assessment, 16 of the University's areas of research were assessed and all have been judged to include internationally excellent (3*) research, with the following areas including world leading (4*) research: Allied Health Professions, Dentistry, Nursing and Pharmacy; Psychology, Psychiatry and Neuroscience; Mathematical Sciences; Geography and Environmental Studies and Archaeology; Business and Management Studies; Education; Sports and Exercise Sciences, Leisure and Tourism; Area Studies; English Language and Literature; History; Theology and Religious Studies; Art and Design - History, Practice and Theory; Music, Drama, Dance and Performing Arts. Chancellor George Osborne has announced that universities with "high quality teaching" can access increased funding, which will specifically benefit The University of Chester with its reputation for teaching excellence. The student support, guidance, careers and employability departments at the University of Chester have been graded "world class" by the British Quality Foundation, part of the European Foundation for Quality Management. It is also the top North West University for employability with over 95% of Students employed or in further study within 6 months of graduation.
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HANDS OFF INVESTMENT MANAGED BY A HIGHLY EXPERIENCED STUDENT RESIDENTIAL ANAGEMENT COMPANY
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NORTHGATE
STUDIOS
will provide individually designed luxury studio apartments for the next generation of UK and overseas students living in Chester. The development is 6-storeys in total with the 5th floor set back away from Trafford Street. Of unrivalled standards, a total of 150 student studio apartments range in size from 20 sq meters – 36 sq meters. Each unit is designed to match the current market demand for high-specification accommodation, and includes: en-suite bathrooms, bespoke kitchens with contemporary appliances living, study and sleeping areas. Additional facilities for students will include cycle storage, group study areas, vehicle drop off point, storage, laundry facilities, secure door opening systems and manned reception. The scheme will be completed by August 2018. The site is located in a prime central location: within 10 minutes walk from The University of Chester Campus. Additionally, it is also walking distance from the Chester Railway Station, the high street shops and bars of Chester City Centre, making it an ideal site for student accommodation. Northgate Studios will be fully managed by an experienced management company, providing investors with a hands-off, high returning investment. With no other student accommodation development in Chester offering the same level of quality, Northgate Studios will provide a high standard of living for students for years to come and a university life experience like no other.
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DESIGN
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HOTEL THEMED RECEPTON LOBBY
MANNED RECEPTION GROUP STUDY AREAS LAUNDRETTE CYCLE STORAGE
PARCEL DELIVERY ROOM WIFI CONNECTION CINEMA ROOM GAMES ROOM
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BESPOKE KITCHENS WITH MODERN APPLIANCES LIVING AREA WITH 40’’ HIGH DEFINITION TV STUDY AREA EN SUITE BATHROOM DOUBLE BED WITH BUILT-IN STORAGE SUPERFAST WIFI CONNECTION SECURE & PROFESSIONAL MANAGEMENT FLOOR TO CEILING WINDOWS
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LOCATION
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LOCATION Northgate Studios is located in a prime location on Trafford Street between the City Centre and the main University Campus and will provide both a convenient and safe environment for students.
Main University
Campus …………………….. 700m Train Station ……………… 600m City Centre ………………… 500m Tesco Supermarket ……. 500m Spice of Asia Food Supermarket ……………… 250m Chester Theatre Club …… 75m Northgate Arena Leisure Centre …………………………. 70m
The site is well connected to key destinations by a comprehensive network of pedestrian routes, typical of its city centre location. A wide choice of shops, clubs and other useful amenities are located within minutes of the development.
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TYPICAL FLOOR AND UNIT LAYOUT
TYPICAL UNIT LAYOUT
TYPICAL FLOOR LAYOUT
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THE INVESTMENT PURCHASE EXAMPLE Purchase Price ......................................................................................... £71,500 Reservation Deposit* .............................................................................. £5,000 50% Payment on Exchange of Contracts** ............................................ £30,750 25% Stage Payment (6 months after start on site) ................................ £17,875 Contract Completion (August 2018) ....................................................... £17,875
RETURN ON INVESTMENT EXAMPLE Student occupying in September 2018 Gross Rent Received - PA....................................................................... £7,365 (10.3%) Estimated Management and Service Charge - PA................................. £1,645 Net Rent Received - PA.......................................................................... £5,720 (8%) Annual Ground Rent - PA....................................................................... £300 Net Return on Investment - PA.............................................................. £5,420 (7.58%)
NB: Contracts will be exchanged within 28 days of receiving deposit * Deducted from Contract Exchange Monies ** 5% PA interest payable, monthly in arrears, on monies received after Exchange of Contracts For detailed Frequently Asked Questions please speak to your consultant.
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NORTHGATE POINT
SUCCESSFULLY COMPLETED
100%
LET
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TENANT REVIEWS
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THE DEVELOPER Northgate Studios is a Joint Venture between student studio apartment development specialist Primus Property Group and the award winning developer Property Alliance Group. Both have worked successfully together on a range of schemes that focus on high quality and well-designed buildings that meet current and also future market needs. Primus Property Group is a rapidly growing specialist provider of luxury student residences across the UK, focusing on boutique style of accommodation in response to the UK student market's changing needs. Property Alliance Group (Alliance) has been established for 26 years. Alliance is a leading property developer, investor and asset manager with a wholly owned portfolio of £250 million consisting of residential, industrial, offices, retail and leisure property, as well as serviced business centres and mixed use developments throughout the UK's cities and regions.
“Alliance wholly owns 190 million portfolio consisting of industrial, offices, retail and leisure property”
“The group has completed £240million of transactions and owns a mixed portfolio valued at over £190million”
“Since 2009, £43million of occupier-led developments have been completed, simultaneously Alliance has been providing asset management advice to a number of banks.”
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THE INVESTMENT NORTHGATE STUDIOS THE NEXT GENERATION OF STUDENT PROPERTY
• 150 PREMIUM STUDENT STUDIO APARTMENTS • CONTEMPORARY DESIGN AND IDEAL LOCATION • WALKING DISTANCE FROM UNIVERSITY CAMPUS AND CITY CENTRE • FULLY-MANAGED, SECURE INVESTMENT WITH ASSURED RETURNS FROM DAY 1
For further information contact: info@alliance-investments.com TEL: + 44 161 868 4300 Alliance House, Westpoint, Enterprise Park, Clarence Avenue, Trafford Park, Manchester M17 1QS
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Risk Warning and Disclaimer: The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Financial projections provided are just examples and investors should carry out their own analysis using their own assumptions to determine the suitability of any investment for their purposes. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future and for example purposes only. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of original publication and that they would be applicable to a significant number of our purchasers. This document is for information purposes only and nothing in this document should be taken as definitive investment advice for your particular situation without you seeking additional written guidance directly from ourselves or from other finance and property professionals. These property particulars do not form part of an offer or contract. The developer and Alliance Investments Limited, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All property details and figures are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. Some property is subject to VAT and this may often be reclaimed but the purchaser should ascertain their position regarding VAT on any purchase for themselves. No person in the employment of Alliance Investments Limited has any authority to make or give any representation or warranty verbally or in writing whether in relation to this property or the particulars and written confirmation of any information upon which you need to rely upon should be obtained from one of the Alliance Investments Limited directors. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections in relation to any property purchase they are considering. Our standard Terms and Conditions of Sale will apply. E. & O. E.
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