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Luxury Student Accommodation
LUXURY STUDENT ACCOMMODATION
The Villas
Following the success of previous developments by
£75,000 CONVERSION OF FORMER POLICE STATION
Starting price
the Abode Group, they now introduce a brand new investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sector giving you, our investors, an opportunity to purchase a fabulous
LOCATED IN STOKE-ON-TRENT
income-generating asset.
TRUSTED WELL RENOWNED DEVELOPER PERFECT TOWN CENTRE LOCATION
The development is part of a renovation of an
Parking available from
old police station, which will comprise of 174
£5,000
studio & 2 bed apartments completed to the finest standards and will come fully furnished.
4%
Interest
The development will serve the accommodation requirements of students studying at both Staffordshire University and Keele University. With there being a huge shortage of
8.5% NET Assured returns for 3 years * The images provided in this document are intended as a guide and could be subject to change.
good quality, spacious accommodation in Stoke, The Villas will provide the highest quality accommodation for students in the region.
An Expanding Economy
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ECONOMIC GROWTH IN STOKE-ON-TRENT Stoke Stoke is on its is way on itstoway securing to securing economic economic growthgrowth of £4.5ofbillion £4.5 billion (GVA),(GVA), and it and has smashed it has smashed its target its target for jobfor creation. job creation. In January In January 2020, 2020, a UK Powerhouse a UK Powerhouse study ranked Stoke study number rankedone Stoke in the number country onefor in employment the country for growth. employment The Local growth. Enterprise The LEP Partnership had originally (LEP) had aimed originally for an additional aimed for 50,000 an additional jobs but 50,000 it hasjobs already but it has already seen employment seen employment rising rising by over by80,000 over 80,000 and it and expects it expects to achieve to achieve 87,00087,000 by theby close the of close 2021. of 2021. There There are also aresome somemajor majoremployers emplyers including:
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Growing Population
A LUXURY DEVELOPMENT IN A POPULAR LOCATION Given the ongoing demand for accommodation in the area, The Villas 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 distance 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 more in Stafford over 25 miles away. This leaves a huge shortfall of student beds across the area. The Villas 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 an estimated 256,000. Moreover the population is ever growing, between 2011 & 2021 it rose by around 7,000 with the figure still rising.
* The images provided in this document are intended as a guide and could be subject to change.
Map of Stoke-on-Trent
12
Stoke City Council A 53
5
City Centre
IV
R
6
Royal Stoke Hospital
EN
SW
A 52
A 52 5
Newcastle-under-Lyme
AY
1
2
/ QU E
A5
00
A 500
A5
6
045
A 52 7
B5
04
Staffordshire University
NT
A 50
B5
Hanley Park
2
ER T RE
A5
The Villas
2
Boothen A suburban area situated within a
Stoke Town Hall
10
4
A 34
A5 0
CL
distance of the city centre.
1
Staffordshire University
2
Stoke-on-Trent Train Station
O AD ON R A 50
0/
QU
WA
9 mins walk (0.6 mile)
3
City Centre
4
Local Amenities in Boothen Shops, Pubs, Cafe’s, Restaurants
5
Royal Stoke Hospital
6
Hanley Park
7
Sir Stanley Matthews Sports Centre - Many facilities such as 3G astroturf pitch
8
Keele University
9
S EE N
9 mins walk (0.6 mile)
5 mins walk (0.4 mile)
7 mins drive (2.4 miles)
7 mins drive (1.3 miles)
10 mins walk (0.7 mile)
9
AY T
Keele University
University Campus and walking
2 mins walk (0.2 mile)
A 50
Kings Hall
Stoke Minster
A 500
Royal Stoke University Hospital
06
B5
3
/ Q UE
04
1
EN SW
AY
4
15 minute walk of the Staffordshire
POINTS OF INTEREST
A3
YTO N R O A D
A5
13
11
5
3
14
C LA
A5
2
3
7
A 50
Keele University
A5
8
10
Y
11 Stoke Library
12 bet365 Stadium
13 14
10 mins drive (4.3 miles)
bet365 Stadium 5 mins drive (2.2 miles)
Stoke Minster
2 mins walk (0.2 miles)
Stoke Library & Local Centre
2 mins walk (0.2 miles)
Stoke City Council
4 mins drive (1.9 miles)
Stoke Town Hall
2 mins walk (0.2 miles)
Kings Hall
3 mins walk (0.3 miles)
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Prime Location
CENTRALLY LOCATED FOR ALL AMENITIES NEEDED University of Staffordshire 11 minutes walk (0.6 mile)
Stoke-on-Trent Train Station 11 minutes walk (0.6 mile)
Sir Stanley Matthews Sports Centre 10 minutes walk (0.7 mile)
Kings Hall
3 minutes walk (0.3 mile)
Stoke Town Hall
2 minutes walk (0.2 mile)
Stoke Minster
2 minutes walk (0.2 mile)
Post Office
Boothen High Street
2 minutes walk (0.2 mile)
2 minutes walk (0.2 mile)
Sainsbury’s
The Villas is located in Boothen, a suburban area of Stoke-on-Trent. A proven popular area with students due to the local high street, transport links & supermarkets being within a 5 minute walk. Stoke is a city characterised by variety, translating into a wealth of choice for property investors. Here landlords can be more strategic in their purchasing and in their targeting of prospective tenants.
* The images provided in this document are intended as a guide and could be subject to change.
student
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Staffordshire University
STAFFORDSHIRE A CONNECTED UNIVERSITY Staffordshire University is split into 6 different academic departments known as schools; School of Computing & Digital Technologies, School of Creative Arts & Engineering, School of Health & Social Care, School of Law, Policing & Forensics, School of Life Sciences & Education and the Staffordshire Business School. In 2020, 15,675 students were enrolled onto Staffordshire University courses. The schools are spread across a
ON-CAMPUS FACILITIES
number of campuses in Stoke-on-Trent, Shrewsbury and Stafford. In September 2019 Staffordshire University invested £12 million into a new Digital Institute based in London offering leading courses in the School of
Sir Stanley Matthews Sports Centre
Computing & Digital Technologies.
3G Astroturf Pitch
Being at the forefront of digital technology from games programming & digital forensics, the university has built
Ofsted rated ‘Outstanding’ Nursery
strong industry connections and has a great emphasis on experience, resulting in the graduates from this university being amongst the most employable in the UK.
Independent Stoke Film Theatre
All students are given the opportunity to master future technologies in professional environments such as the Sports Therapy Clinic Legal Advice Clinic
£1.3m facility-packed Smart Zone, the Staffs Newsroom, the dedicated Games Lab, and the Crime Scene House. There is significant investment in the university’s future, with a brand-new Catalyst building due to open towards the end of 2021 that will house learning areas, business collaboration zones and networking spaces.
Art & Design Discounted Shop
Staffordshire University received a gold award in the 2019 Teaching Excellence Framework thanks to their High-End Computing Facilities Business & Conference Spaces Betty Smithers Design Collection
excellent standards of learning and teaching, while 78 per cent of their research is world leading or of international importance (Research Excellence Framework 2014). As a result of it's excellent standards, Staffordshire University is in the top 25 for student satisfaction in the Complete University Guide 2021.
An Ever-Increasing Market
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THE FASTEST GROWING ACCOMMODATION CHOICE Purpose-built student accommodation (PBSA) is the fastest growing and most in-demand accommodation choice among UK students today. Modern living spaces, state-of-the-art facilities and central locations are all of what students are demanding. PBSA provides the amenities and experience that students will pay premiums to access. It’s also the preferred accommodation choice for the UK’s growing number of international students, with many choosing PBSA developments that manage to create a sense of community amongst the residents. Value for money is one of, if not the most important factor for students when choosing their accommodation. This is not entirely driven by cost, with students willing to pay a premium for certain features and amenities, these include superfast WIFI, a gym on site and 24-hour security. The demand for high-quality student accommodation is continuing to grow in the UK. Research in March 2021 found that the total number of students across the UK opting to pursue higher education has increased by 9%, with an additional 200,000 students deciding to head to university each year. In 2015, university students in the UK accounted for 3.6% of the population, and this has continued to grow up to 3.8% over the last five years. The level of student-specific accommodation reaching the market has also climbed at an average of 5.2% a year in the same period. With already high-demand and an ever-increasing student population, the PBSA sector is set to continue is prosperous rise for years to come.
* The images provided in this document are intended as a guide and could be subject to change.
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The Villas
ABODE STUDENT PROVIDES THE LATEST EVOLUTION IN STUDENT ACCOMMODATION
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Facilities Facilities
CONTEMPORARY FINISHES
24/7 Management
Key Fob Access
CCTV Cameras
Well Lit & Safe
The studio studio apartments apartments will will be be finished finished to to aa The high standard standard providing providing luxury, luxury, comfortable comfortable high accommodation with with aa contemporary contemporary finish. finish. accommodation Each studio studio will will come come with with aa high-spec high-spec kitchenette, Each including modern fixtures and fittings. A 40-inch kitchenette, modern fixtures and fittings. A SMART SMART TV will also be also included in the studio 40-inch TV will be included in the along with showershower en-suites. studio alongpremium with premium en-suites. Each room will have willwill have access to to As standard each room have access 250MB broadband broadband as as standard. standard. Students Students will will 250MB also have have access access to to unrivalled unrivalled communal communal hub hub also spaces including including aa movie movie room, room, state-of-the-art state-of-the-art spaces leisure suite suite & & private private study study areas. areas. leisure
PREMIUM FACILITIES
Leisure Leisure Suite Suite
Games Games Room Room
Cinema Cinema Room Room
Study Study Rooms Rooms
Courtyard Courtyard Garden Garden
Laundry Facilities
Cycle Store
Events Calendar
40-inch SMART TV’s
* The images provided in this document are intended as a guide and could be subject to change.
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State of the Art Facilities
UNRIVALLED COMMUNITY HUB At The Villas students will have access to premium state of the art facilities. The communal areas in this development have been carefully thought out to create a sense of community such as an unrivalled communal hub servicing fresh tea and coffee of a morning, a communal kitchen facilities suite, collaborative study spaces, cinema room and a games room. Students will also have access to a comprehensive events calendar for The Villas.
* The images provided in this document are intended as a guide and could be subject to change.
Luxury Leisure Suite
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A LUXURY LEISURE SUITE Among the premium communal hub spaces Abode Student are delivering a state of the art gymnasium, fully equipped for each and every individual's needs. Students will also have access to a secure bike store as well as on-site laundry facilities. The Villas also provides 2 car parks with a total of 61 spaces available, with access via an electric security gate. Students will need a fob to gain entry to both ensuring security of all vehicles.
* The images provided in this document are intended as a guide and could be subject to change.
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Projected Vision
EXTERNAL IMAGES The scheme has been designed to create 174 luxury studio & 2 bedroom apartments arranged over four floors. The development will also include a tranquil courtyard garden set in the centre of the site, giving students the opportunity to socialise and relax in an outdoor space.
* The images provided in this document are intended as a guide and could be subject to change.
Properties and Floorplans
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TYPICAL LAYOUTS Abode AbodeStudent Studentrepresents representsthe thelatest latestevolution evolutionof ofstudent studentliving. living.We Weprovide providevarious variouslevels levelsof ofaccommodation accommodationtailored tailoredto toeach eachindividual's individuals requirements. These high quality premium apartments provide spacious accommodation compared to many small student pods across the PBSA fittings make this development incredibly appealing to overseas students. There will sector. Contemporary styled interiors accompanied by modern fittings alsoa be a limited number of 2 bedroom apartments be limited amount of 2 bedroom apartments also within the development.
STUDIO
LARGER STUDIO
Double Bed
Limited Availability
Large Desk, Swivel Chair & Wardrobe
Double Bedroom
Premium En-Suite Bathroom
Large Desk, Swivel Chair & Wardrobe
High Specification Specification Kitchen
Premium En-Suite Bathroom
40-INCH SMART TV
High Specification Specification Kitchen 40-INCH SMART TV’s
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Hands Off Investment
A HANDS OFF INVESTMENT WITH ABODE STUDENT & URBAN STUDENT LIFE
Management Company
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LEADING STUDENT ACCOMMODATION MANAGEMENT Homes for Students is one of the UK’s leading providers of student accommodation. With an excellent track record, they take pride in the fact that many of their student residents choose to return year after year. Working in partnership with the universities and student unions allows them to provide tenants with the best possible experience. They are a part of the ANUK national code, demonstrating their commitment to providing good quality housing for students. Homes for Students operates over 22,300 beds and 92 properties across the UK; with a significant pipeline of projects under development. Currently providing accommodation management services and Facilities Management (FM) services to a variety of properties nationwide, from Aberdeen to Plymouth; Aberystwyth to Norwich. With such an extensive network, Homes for Students has been able to expand from 8,000 to over 20,000 beds in the last 3 years. Homes for Students provide full management services for student accommodation property. This is supported by sales and marketing expertise targeted at the international student sector on both short and longer-term courses, providing greater opportunities to yield manage the property and thus produce higher returns.
Reception and Administrative Duties
Enrolment of Student Wardens to Support SiteBased Teams
Reservation & Contract Administration
Checking In & Out of Students at the Beginning & End of Tenancies
Security & Emergency Management Solving Students’ Occupational Needs & Issues
Inventory Management
Day-to-Day Marketing
Apartment Inspections, Deep Cleaning, Repairs, Renewals & Redecorations
Cleaning & Maintenance of Common Areas & Shared Facilities
Overseeing Summer Lets, Control of Rental Voids & Bad Debts including Legal action where Necessary
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Investment Overview
INVESTMENT OVERVIEW This is a fully managed investment, with all maintenance and management taken care of by Urban Student Life (USL) offer a friendly personal service that prides themselves on building lasting relationships, lead by managers with decades of combined experience in the hospitality industry.
Unit Type
Starting Price
Studio
£75,000 £125,000
2 Bedroom Studio
TYPICAL FLOORPLANS Studio
Typical Abode Student Hub
2 Bedroom
Disability Access
Studio
Studio
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Knight Knox
Here at Knight Knox, we specialise in the sale of off-plan buy-to-let properties to private investors and with over 16 years of experience under our belts, we really have perfected the art of making property investment simple. With over 250 years combined experience among our staff, we will guide you every step of your investment - from your initial enquiry right until the completion of your investment. Our specialist property consultants will give you the best investment advice that is completely tailored to you and once you make your purchase, your dedicated aftersales consultant will assist you with the purchase process and keep you updated every step of the way.
Property investment made simple.
Knight Knox have launched over 100 developments
We have completed over 80 developments, with
in the buy-to-let market since 2004.
many more to come.
Our developments launched have a total value of
We currently have over 20 developments in
over £1.2 billion.
construction
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Get in touch Tel: +44 (0)161 772 1370
Email: info@knightknox.com
Find us online Website: www.knightknox.com Address: Knight Knox, Quay West at MediaCityUK,
The information contained within this document is intended as a general guide. This information does not constitute an offer or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within. Any intending investor must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. As with any investment, please be aware that your capital may go up or down. The content contained within is correct adhering to the previous statement at the time of publishing. 2021-07_V3